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The El Morro mine is one of the largest gold mines in Chile and in the world. [1] The mine is located in the north of the country in the Atacama Region. [1] The mine has estimated reserves of 6.7 million oz of gold. The mine also holds reserves amounting to 449.5 million tonnes of ore grading 0.49% copper. [1]
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 ...
Chile has a long tradition in mining, which developed during the 20th century and made the country the world's top producer of copper. [2] Since 2000, an average of 34 people have died every year in mining accidents in Chile, with a high of 43 in 2008, according to a review of data collected by the state regulatory agency Servicio Nacional de Geología y Minería de Chile (abbreviated ...
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Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. [3] It is headquartered in Toronto, Ontario, Canada. [4] It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. [5]
Yamana Gold Inc. is a Canadian company that owns and operates gold, silver and copper mines in Canada, Chile, Brazil and Argentina. Headquartered in Toronto , the company was founded in 1994 and became listed on the Toronto Stock Exchange in 1995, the New York Stock Exchange in 2007, and the London Stock Exchange in 2020.
Shares of gold miner Newmont (NYSE: NEM) fell 14.7% on Thursday after the company reported third-quarter 2024 results. The sell-off may seem strange, given gold prices are still hovering around an ...
Two mining claims remain in the area, records show, and mining for metals like gold, silver and copper dates back to the 1900s. A uranium mining pit was established in 1954 but was closed the same ...