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Chuquicamata (/ tʃ uː k iː k ə ˈ m ɑː t ə / choo-kee-kə-MAH-tə; referred to as Chuqui for short) is the largest open pit copper mine in terms of excavated volume in the world. [citation needed] It is located in the north of Chile, just outside Calama, at 2,850 m (9,350 ft) above sea level.
The average copper price in 2007 rose to US$3.23/lb compared with the mine's total direct costs of only 60.8 cents/lb, which fell partly as a result of sharply lower treatment and refining costs charged by smelters. The operation was thus highly profitable and paid US$2.2 billion in taxes to the Chilean treasury. [8]
SNC-Lavalin won the contract from Codelco to help upgrade the sprawling Chuquicamata copper mine in Chile in 2012, followed by a deal to build the sulphuric acid plants at the mine in 2016.
The nationalization of the Chilean copper industry, commonly described as the Chileanization of copper (Spanish: Chilenización del cobre) [1] was the process by which the Chilean government acquired control of the major foreign-owned section of the Chilean copper mining industry. It involved the three huge mines known as 'La Gran Mineria' and ...
The full reactivation of a smelter belonging to Chile's state-run Codelco, the world's top copper producer, will be delayed until the end of October after missing a previous target of April, four ...
Location of the La Escondida and Chuquicamata copper mines in Chile False color satellite image of Escondida (bottom) and neighbouring Zaldívar mines (top), April 2000. Escondida is a copper mine at 3,100 metres (10,200 ft) elevation in the Atacama Desert in Antofagasta Region, Chile. [1]
This is a list of mines in Chile organized by product. Copper ... Escondida; Chanarcillo; Los Pelambres mine; Chuquicamata; El Salvador mine; Gold. Candelaria mine ...
Chuquicamata copper mine in 1984. Chile has the world's largest copper reserves, and is the largest producer and exporter of the metal. [3] Notable copper mines include Chuquicamata and Escondida. Chile accounts for five percent of the Western Hemisphere's gold production, of which 41 percent is a by-product of copper extraction. [3]