Minera Kolpa

What Minera Kolpa does

Compañía Minera Kolpa S.A. is a privately held Peruvian polymetallic mining company that operates a single production unit, Unidad Minera Huachocolpa Uno, located at approximately 4,400 meters above sea level in the district of Huachocolpa, Huancavelica region, on the eastern flank of the central Peruvian Andes. The unit traces its operating history to small-scale mining in the 1940s and was progressively consolidated by Grupo Raffo starting in 1989 in association with Buenaventura, with full operational control assumed in 2000 through Compañía Minera Caudalosa S.A. The company's activity spans exploration, exploitation, and mineral processing of polymetallic ore with high contents of lead, silver, zinc, and copper, yielding copper, lead, and zinc concentrates processed through the legacy Comihuasa concentrator plant (capacity 450 TMD, originally authorized 1955-1958).

Kolpa's revenue model is straightforward B2B commodity sales: concentrates are sold directly to smelters and refining customers under pricing arrangements tied to LME-quoted metal prices, with treatment charges and adjustments based on concentrate grade and moisture content; the company does not publicly disclose its realized pricing. Following the close of the acquisition by Endeavour Silver on May 1, 2025, Kolpa now operates as a subsidiary within Endeavour's consolidated mining platform (Endeavour reported $467.5 million of 2025 revenue and 11.2 million silver equivalent ounces with Kolpa contributing), and its commercial function is increasingly integrated with the parent's sales and marketing operations.

Kolpa is headquartered in Miraflores, Lima, with operational offices in Huancavelica, and maintains a workforce of 251-500 employees. Capital structure is anchored by Kolparc Canada LP, which joined the shareholder base in 2016 and enabled a US$70 million strategic capital investment plan executed over four years, supporting mechanization of underground processes, environmental and operating permit procurement (completed in 2020), brownfield and greenfield exploration, and a NI 43-101-compliant mineral reserves and resources certification project initiated in 2021. Beyond core mining, Kolpa maintains an active community engagement program in Huachocolpa covering family-violence prevention, child development partnerships with Caritas Felices, and a published sustainability framework.

Name

Minera Kolpa

Legal name

Compañía Minera Kolpa S.A.

Website

https://kolpa.com.pe

Company type

Private

Founded year

1940

Operating status

Operating

Headcount range

251–500 employees

Short description

Compañía Minera Kolpa S.A. is a Peruvian polymetallic mining company that operates the single Unidad Minera Huachocolpa Uno in Huancavelica, Peru, producing and selling copper, lead, and zinc concentrates to smelters and refineries. Since May 2025, it has operated as a subsidiary of Endeavour Silver.

Ownership category

akta.pro rank

Product category

Polymetallic Mining

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230)

SIC

Miscellaneous Metal Ores (1090)

akta.pro primary industry

Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)

akta.pro secondary industries

Copper Concentrate Trading & Marketing (IMAKADAI), Copper By-Products Recovery (Molybdenum, Gold/Silver, Sulfuric Acid) (IMAKADAH), Flotation & Reagents (Collectors, Frothers, Depressants; Flotation Circuits) (IMAKALAD)

Keywords

• Polymetallic mining
• Copper concentrates
• Lead zinc mining
• Mineral processing
• Underground mining

Headquarters

HQ city

Lima

HQ country

Peru

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Concentrate Sales: Kolpa generates revenue through the extraction, processing, and sale of polymetallic concentrates containing copper, lead, zinc, and silver. Concentrates are sold to smelters and refineries under commodity pricing arrangements tied to metal grades and market prices.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Compañía Minera Kolpa S.A. is a Peruvian polymetallic mining company that conducts exploration, exploitation, and mineral processing at its sole production unit, Unidad Minera Huachocolpa Uno, located at 4,400 m.a.s.l. in Huancavelica, Peru. The company produces and commercializes high-quality copper (Cu), lead (Pb), and zinc (Zn) concentrates derived from ores rich in lead, silver, zinc, and copper. Following its May 2025 acquisition by Endeavour Silver, Kolpa operates as a subsidiary of a larger silver mining group.

Product overview

Cía. Minera Kolpa S.A. is a Peruvian polymetallic mining company operating as a single business unit called 'Huachocolpa Uno' in the Huancavelica region at 4,400 meters altitude. The company produces and commercializes high-quality concentrates of copper (Cu), lead (Pb), and zinc (Zn) through exploration, exploitation, and mineral processing activities. Its portfolio includes a reserves and resources certification project following Canadian NI 43-101 standards, supported by a US$70 million strategic capital investment plan initiated in 2016.

Differentiator

Problem solved

Functional benefit

Products and services

• Copper (Cu), Lead (Pb), and Zinc (Zn) Concentrates

Quantifiable outcome

• Successful acquisition by Endeavour Silver in May 2025 validates company value

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• Endeavour SilvercoreStrategic or Co-development Partner · 1 May 2025Kolpa was acquired by Endeavour Silver, a major silver mining company, with the transaction closing on May 1, 2025. Endeavour Silver reported full-year 2025 revenue of $467.5 million with contributions from the acquired Kolpa mine. Kolpa now operates as a subsidiary of Endeavour Silver.
• BuenaventuraminorStrategic or Co-development Partner · 1 January 1989In 1989, Buenaventura and Grupo Raffo initiated the consolidation of the UEA Huachocolpa Uno mining unit. This historical partnership laid the foundation for subsequent operations under Grupo Raffo.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Buenaventura: Peru's largest publicly traded precious metals miner and a historical partner of Kolpa since 1989 in the consolidation of Huachocolpa Uno. Operates polymetallic mines (Cu, Pb, Zn, Ag, Au) across Peru, making it the closest direct comparable for Kolpa's polymetallic underground concentrate production model.
• Volcan Compañía Minera: Peruvian polymetallic miner producing zinc, lead, silver, and copper concentrates from underground operations in the Andes. Highly comparable to Kolpa given analogous polymetallic concentrate product mix, Peruvian Andes geography, and similar mid-tier scale.
• Nexa Resources: Integrated zinc-focused miner with significant Peruvian operations (Cerro Lindo polymetallic mine in Huancavelica-Ica region). Closely comparable in polymetallic (Zn-Pb-Cu-Ag) underground mining model and shared Peruvian Andean geography adjacent to Kolpa's Huachocolpa district.
• Hochschild Mining: Peruvian precious metals miner with polymetallic underground operations producing silver, gold, and byproduct concentrates. Highly comparable underground polymetallic mining model, Peruvian footprint, and mid-tier scale with similar smelter-offtake commercial model.
• Fortuna Silver Mines: Mid-tier silver-gold miner with Peruvian operations (Mansaranta/Caylloma) producing polymetallic concentrates. Closely comparable as a mid-tier silver-focused producer with polymetallic byproduct credits and Latin American underground mining operations.

Broad incumbents

• Pan American Silver: Major silver producer with Peruvian operations (Huaron, Morococha) producing polymetallic concentrates. Comparable in polymetallic underground concentrate model and Peruvian Andes geography, but operates at substantially larger scale across multiple jurisdictions.
• Hudbay Minerals: Canadian mining company with polymetallic (Cu-Zn-Au-Ag) operations including the Constancia mine in Peru. Comparable in polymetallic concentrate product mix and underground/open-pit mining model, though operates at larger scale with broader geographic footprint.
• Glencore (Peru operations): Global mining and smelting major with significant Peruvian polymetallic operations (Antapaccay/Las Bambas historical interest) and large-scale zinc/lead smelting off-take relationships. Comparable as a polymetallic concentrate producer and consumer via integrated smelting network.

Regional players

• Southern Peaks Mining: Peruvian-focused polymetallic miner producing lead, zinc, and copper concentrates from Peruvian underground mines. Comparable in product mix and Peruvian Andes geography, though historically more concentrated in acquired producing assets.

Others

• MMG (Las Bambas): Operates Las Bambas, one of the world's largest copper mines in Peru, producing copper and molybdenum concentrates. Comparable as a major Peruvian polymetallic concentrate producer, though operating at substantially larger scale than Kolpa.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCVhW2UaLx-E2iHOVgrNLM_g
• Facebookfacebook.com/MineraKolpa
• LinkedInlinkedin.com/company/kolpa

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Minera Kolpa