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|SUMMARY La Granja copper deposit, in terms of volume, is among the five largest deposits in the world and represents reserves of three thousand million tones. The field consists of a 40 m. thick layer of copper lying over the secondary ore and further down the primary copper. The flotation process has indicated a recovery rate of 88 to 90 percent and concentrates of 27 to 32 percent of copper. The acid leaching process of low grade ore produces financially acceptable results. To carry out the project, it is necessary to build long distance pipelines and a port. Both the Feasibility Study and the Environmental Impact Study on the project have been approved by the Peruvian government. INTRODUCTION La Granja is located in the district of Querecoto, province of Chota, in the department of Cajamarca, in the Northwest of the country (Figure 1). Geographically it is situated on the eastern slopes of the Andean mountains at an altitude of 2,000 to 2,700 m.a.s.1. (Figure 1). The site is an 8 hour car ride from the city of Chiclayo, capital of the department. The first 60 km. are over a paved road and the remaining distance is over a narrow hard dirt road. The copper porphyry of La Granja was discovered between 1969 to 1971 during some geochemical prospecting activities carried out by the State mining institution, Ingeomin (currently Ingemmet). From 1978 to 1982, Ingemmet continued with its geochemical and geophysical studies supported by a German technical assistance program. A total of 19 bore- holes were drilled (5,814 m.) and a 90 m. long tunnel made. This study calculated reserves of 175 million MT. In 1993, Minero Peru drew up a technical-financial study based on the above studies and proposed a 12 year extraction operating program: 20,000 MT daily using the leaching process, followed by 13 years of operation using the flotation process with the same daily volumes. In 1994, Cambior Inc. won an international auction in order to carry on further exploration work and to have a purchasing option. Since that date the company|