Location | |
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Candelaria mine | |
Location | Tierra Amarilla, Atacama |
Region | Atacama Region |
Country | Chile |
Coordinates | 27°27′53″S 70°16′31″W / 27.4646°S 70.2752°W / -27.4646; -70.2752 |
Production | |
Products | Copper, gold, silver as concentrate |
Production | 151,719 tonnes copper 91,000 ounces gold |
Financial year | 2021 |
History | |
Discovered | 1987 (Phelps Dodge) |
Opened | 1995 |
Owner | |
Company | Lundin Mining (80%) Sumitomo Group (20%) |
The Candelaria mine is a large open pit and underground copper-gold mine located in northern Chile in the Atacama Region. Candelaria has Proven and Probable Reserves of 676 million tonnes of ore grading 0.53% copper, 0.13 g/t gold, and 1.79 g/t silver; containing 3.58 million tonnes of copper, 3.0 million oz of gold and 39 million oz of silver. The mine project incorporates a reverse osmosis plant at the port of Caldera, commissioned in 2013, with a capacity to produce 500 litres per second of desalinated industrial water, piping it 115 km from the Pacific Ocean to the minesite.
The project was operated since discovery in 1987 by Phelps Dodge Corporation, which was taken over by Freeport-McMoRan in 2007. Lundin Mining bought out Freeport's 80% stake in 2014.
References
- "Prospectus" (PDF). Toronto, Ontario: Lundin Mining Corporation. 24 March 2022. p. 70. Retrieved 3 August 2022.
- "Seawater Reverse Osmosis Services". Digiscend.com. 2014. Retrieved 2014-08-19.
- "Candelaria Mining Complex Site Visit" (PDF). Toronto, Ontario: Lundin Mining Corporation. 12 September 2018. p. 5. Retrieved 3 August 2022.
- "Prospectus" (PDF). Toronto, Ontario: Lundin Mining Corporation. 24 March 2022. p. 75. Retrieved 3 August 2022.
- "Lundin buys stake in Chilean mine for $1.8B US - CBC". CBC. 2014-10-07. Retrieved 2022-07-22.
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