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Given this more favourable context, Phelps Dodge, a United States mining company and the Sumitomo Metal Mining Company, a Japanese firm, signed a US$1.5 billion contract in 1992 with the Chilean government to develop Candelaria, a copper and gold mine south of Copiapó. The mine's potential production of refined copper was equivalent to about ...
The El Indio Gold Belt is a mineral-rich region spanning the border between Chile and Argentina that contains large quantities of gold, silver and copper. On both sides of the border the belt is located within the Andes. [1] The El Indio mine within the district was the first modern mine in Chile to produce gold as its main product.
Pascua Lama accommodation blocks under construction, 2010 Road maintenance at Pascua Lama, May 2012. The mining project is organized by the Barrick Gold corporation, which planned in 2006 to invest US$1.5 billion over 20 years in it [11] and projects an annual output of 750,000 ounces of gold and 30 million ounces of silver in the first five years.
Casablanca Mining (OTCQX: CUAU), through its wholly owned subsidiary Santa Teresa Minerals, S.A., engages in the acquisition, exploration, development, and operation of precious metal properties ...
This is a list of mines in Chile organized by product. Copper. Candelaria mine; ... Maricunga Gold Mine; Pascua Lama; San José Mine; Silver. Candelaria mine;
Gold mining became a taboo among Mapuches in colonial times, and gold mining often prohibited under the death penalty. [13] Compared to the 16th and 18th centuries, Chilean mining activity in the 17th century was very limited. [14] Gold production totaled as little as 350 kg over the whole century. [1]
A mine is located within the Choquelimpie volcano. Mining has been reported as early as 1643. Before 1980 roughly 1.5 tonnes (1.5 long tons; 1.7 short tons) gold and 200 tonnes (200 long tons; 220 short tons) silver were obtained. Estimates made in 1986-1987 indicate the existence of more than 11 million tons of ore. [1]
Last month, after reporting on the twin battles Barrick Gold was waging in Chile at its Pascua Lama mining project, a commenter said the gold miner was playing a game of chess with the country ...