- CEO
- Luquman A. Shaheen P.E
- Full Time Employees
- 22
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 505 Burrard Street Vancouver BC Canada V7X 1M3
- IPO Date
- Feb 22, 2012
- Business
- Panoro Minerals Ltd. is a Canadian copper exploration and development company engaged primarily in the acquisition, exploration, and advancement of large-potential copper, gold, silver, molybdenum, lead, and zinc mineral projects. The company operates mainly in Peru, focusing its activities on the prolific Apurimac-Cusco mining region in Southern Peru, with a flagship asset being the Cotabambas porphyry copper-gold-silver project located 48 kilometers southwest of Cusco city. Panoro also retains interests in the Antilla project and owns several early-stage exploration properties in Peru. Founded in 1994 and headquartered in Vancouver, Canada, Panoro Minerals leverages its strategic location amidst several major operating copper mines and benefits from established infrastructure including road, rail, power, and ports in the region.
Panoro’s core products and services include exploration and development of copper and precious metal deposits with a particular focus on bulk-tonnage copper deposits. Its key projects include the Cotabambas project and the Antilla project, with ongoing activities such as infill drilling, metallurgical testing, and pre-feasibility engineering to advance these assets toward production readiness. The company also explores for molybdenum, lead, gold, silver, and zinc as by-products or additional targets within its portfolio.
Recent major changes include securing funding through brokered LIFE offerings totaling up to C$10 million in 2025 to support advancement of the Cotabambas project, including updated preliminary economic assessments and engineering studies. In January 2025, Panoro completed a transaction with Hudbay Minerals involving the sale of its Kusiorcco project along with a retained net smelter return royalty. The company remains well-financed with strategic partnerships, such as a financing partnership with Wheaton Precious Metals. Panoro has also enhanced local community engagement and social integration as part of its operational strategy. The company underwent a name change in 2003 from Panoro Resources Ltd. to Panoro Minerals Ltd. to reflect its focus on minerals exploration and development.
Panoro Minerals primarily targets copper and precious metal markets with operations centered in Peru and corporate offices in Canada. Its projects are situated in one of the fastest-developing copper mining districts globally, benefiting from a decade of regional resource growth, demonstrated project economics, and proximity to major mining infrastructure and producers.
This description incorporates Panoro Minerals’ main products and services along with notable recent developments and strategic directions as of late 2025.