Overview
We are living through a period of profound global change. Advances in technology and growing demands for environmental accountability are reshaping how the mining industry operates. At Cerro de Pasco Resources, this transformation is an opportunity to do things differently, and better.
We believe sustainability in mining is not just a responsibility, but a strategic pathway to long-term value. By applying innovation to legacy mining challenges, engaging meaningfully with stakeholders, and embedding environmental and social goals from the outset, CDPR is building a modern model for responsible resource development.
Our sustainability approach is grounded in three core commitments:
- Innovation that drives efficiency, safety, and environmental performance
- Stakeholder engagement that earns trust and fosters shared progress
- Environmental and social responsibility that goes beyond compliance to create lasting impact
We are not simply extracting value, we are working to restore ecosystems, strengthen communities, and build a more resilient future for all.
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At CDPR, we believe that trust is earned through transparency, respect, and shared goals. Our commitment to social responsibility begins with listening — to communities, local leaders, and landowners — and working collaboratively to design projects that benefit all stakeholders.
- Hiring locally and building regional capacity
- Engaging communities through open dialogue and culturally appropriate consultation
- Supporting education, healthcare, infrastructure, and inclusive economic opportunities
- Addressing historical mining impacts through ethical remediation and best-in-class practices
- Open and transparent communication at all times
- Building on local knowledge and institutions
- Fostering inclusive partnerships with diverse stakeholders
- Delivering tangible support in health, education, and economic opportunity
- Remediating environmental liabilities to the highest technical standards
From exploration through closure, CDPR ensures that communities are consulted at every stage of project development. Our permitting processes include full disclosure of project details, timelines, and potential impacts. We operate in accordance with Peruvian regulatory frameworks, including protocols established during the COVID-19 pandemic, to ensure consistent and respectful engagement.
A cornerstone of our approach is negotiating fair and transparent land use agreements. In the case of communal land, we work through the Assembly — the highest authority — to build consensus.
In October 2019, CDPR and the community of Quiulacocha reached an agreement for the temporary use of 77.54 hectares of land to conduct drilling and technical studies. The Assembly formally supported the reprocessing of tailings and authorized our studies to demonstrate that environmental rehabilitation and economic recovery are possible.
At CDPR, environmental stewardship is a founding principle. Our work begins with the recognition that Cerro de Pasco has endured over a century of environmental degradation from conventional mining. Our mission is to confront that legacy through a science-based approach focused on restoration, risk reduction, and a transition toward circular mining.
We are currently in the technical and environmental assessment phase. This includes detailed drilling, geochemical studies, watershed monitoring, and process design to safely recover value while reducing environmental liabilities.
- Remediation-First Thinking: Addressing historical mining waste through controlled and sustainable reprocessing
- Minimizing Future Impact: Integrating environmental design before operations begin
- Science-Based Planning: Collaborating with experts to meet international standards and support long-term resilience
We are not just planning a mine. We are planning a transformation — one where value creation is tied to cleanup, recovery, and regeneration.
At CDPR, we view the Social License not as a formality, but as a foundational pillar of our business. It reflects the trust, acceptance, and shared vision we build with those affected by our work. Our goal is to create long-lasting, positive impact by working closely with communities, authorities, and organizations.
We recognize that mining brings responsibilities beyond the technical and financial. That is why we commit to deep engagement grounded in transparency and mutual respect. Earning and maintaining the Social License requires careful listening, responsive action, and sustained delivery of value.
- Inclusive Participation: Empowering communities to shape decisions that affect their lives and environment
- Shared Prosperity: Ensuring that project benefits reach local residents through jobs, services, and development
- Long-Term Partnership: Investing in local capacity so communities continue to thrive long after project milestones are reached
We aim to be more than an operator. We strive to be a trusted partner and responsible neighbor, contributing to the region's long-term well-being.
Cerro de Pasco, perched nearly 4,400 meters above sea level in the Peruvian Andes, is home to more than 60,000 people and a storied mining legacy. For centuries, its economy has been shaped by underground and open-pit extraction. The future, however, lies in applying modern science and sustainable industrial practices to turn this legacy into opportunity.
CDPR’s goal is to transform Cerro de Pasco into a modern, zero-waste operation — extracting remaining value from legacy materials, minimizing environmental risk, and fostering new, sustainable industries.
Our first step is a comprehensive drilling and technical study of the Quiulacocha Tailings Storage Facility. This work includes resource definition, mineralogical characterization, metallurgical testing, and a full environmental baseline study of the surrounding watershed.
- Identify optimal solutions for safe and effective tailings reprocessing
- Generate the data needed to support environmental cleanup and resource reuse
We are also advancing a sustainable in-line extraction model aimed at eliminating waste. This includes recovery of critical elements such as gallium and indium, and innovative applications of pyrite, carbonates, and silicates. For example, pyrite’s heat capacity may be harnessed for residential heating in Cerro de Pasco.
Beyond resource recovery, we are exploring sustainable urban development and the attraction of secondary industries tied to silver, lead, copper, gold, and value-added tailings products.
The anticipated benefits are significant — job creation, poverty reduction, environmental rehabilitation, and infrastructure renewal. Together with our partners, CDPR aims to make Cerro de Pasco a flagship for sustainable mining transformation.
Artistic Rendering: Cerro de Pasco Post Closure
The Extractive Sector Transparency Measures Act ("the Act") was enacted in Canada on 16 December 2014 and came into force on 1 June 2015. The Act reflects Canada’s international commitment to combat corruption and promote transparency in the extractive sector.
It requires all Canadian-listed extractive entities to publicly disclose, on an annual basis, specific payments made to all governments in Canada and abroad.