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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 mining sector in Chile has historically been and continues to be one of the pillars of the Chilean economy. [1] Copper exports alone stands for more than one third of government income. Most mining in Chile is concentrated to the Norte Grande region spanning most of the Atacama Desert. Mining products of Chile includes copper, gold, silver ...
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]
The El Salvador mine is a combined open pit and underground copper mine in the company town of El Salvador. The El Salvador mine was purchased by Anaconda Copper, who had little intention of mining it, due to high tax rates by the Chilean government. When the tax rates were reduced Anaconda decided to bring the mine into production.
5.3 Chile. 5.4 Peru. 6 See also. ... This list of copper mines includes operating, ... Copper Mountain mine; Duck Pond mine; Galore Creek mine;
Chilean copper giant Codelco has secured contracts that will guarantee 85% of its energy supply will come from renewable sources by 2026, it said on Friday. The company said these contracts would ...
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]
Underground mine producing nickel and copper concentrates 18 (2018) [8] 15 Phoenix Lander County, Nevada: Newmont Mining Corporation: Gold-copper ore, concentrated and leached 16 (2018) [6] 16 Lisbon Valley San Juan County, Utah: Lisbon Valley Mining Company Copper ore, open pit, heap leached 10–15 (2018) [9] 17 Miami: Gila County, Arizona ...