Biggest Copper Mines

23 Oct

Biggest Copper Mines

Chile, the world’s largest copper producing country, hosts six of the 10 largest copper mines in the world, while the remaining four are located in Peru, Mexico and Indonesia. The list is profiled Mining- based on contained reserves.

Escondida, ChileEscondida, Chile

Location: Atacama Desert in Northern Chile

Resource: 32 million tonnes (Mt) of recoverable copper reserves at the end of 2012.

Owner: BHP-Billiton (57.5%), Rio Tinto (30%), a Japanese consortium headed by Mitsubishi (10%), and the International Finance Corporation (2.5%).

Start: 1990

Mine life estimation: 54 years.

Description: Sulphide ore comprises more than 82% of the mine’s copper reserves.

Cananea, MexicoCananea, Mexico

Location: Sonora, Mexico

Resource: 26.78 million tonnes (Mt) of recoverable copper reserves at the end of 2012.

Owner: Southern Copper Corporation (SCC), a subsidiary of Grupo Mexico

Start: 1899

Description: porphyry copper deposit lying within the southern Cordilleran region.

 

 

Collahuasi, ChileCollahuasi, Chile

Location: 180km south-east of the port of Iquique in northern Chile

Resource: 25.895 million tonnes (Mt) of recoverable copper reserves at the end of 2012.

Owner: Compañía Minera Doña Inés de Collahuasi, a joint venture between Anglo American (44%), Xstrata (44%) and a consortium of Japanese companies led by Mitsui (12%).

Start: 1999

Mine life estimation: 70 years.

Description: Including three mineral deposits, Rosario, Ujina and Huinquintipa

Andina, ChileAndina, Chile

Location: 80km north-east of Santiago in northern Chile

Resource: 18.8 million tonnes (Mt) of recoverable copper reserves at the beginning of 2013.

Owner: Chile’s state-owned Codelco

Start: 1970

Description: Andina mining operation consists of Río Blanco underground mine and the Sur Sur open pit mine exploiting the Río Blanco deposit

 

Toquepala, PeruToquepala, Peru

Location: 870km away from Lima in Southern Peru

Resource: 17.65 million tonnes (Mt) of recoverable copper reserves at the end of 2012.

Owner: Southern Copper Corporation (SCC), a subsidiary of Grupo Mexico

Start: 1999

 

 

El Teniente, ChileEl Teniente, Chile 1

Location: 80km south of Santiago in the Andes mountain range in Chile

Resource: 15.2 million tonnes (Mt) of recoverable copper reserves at the beginning of 2013.

Owner: Codelco

Start: 1976 (Previously started by Kennecott in 1904)

 

 

Cerro Verde, PeruCerro Verde, Peru

Location: 35km south-west of Arequipa in Peru

Resource: 12.9 million tonnes (Mt) of recoverable copper reserves at the beginning of 2013.

Owner: Freeport-McMoRan (53.56%), SMM Cerro Verde Netherlands (subsidiary of Sumitomo Metal) (21%), Compañia de Minas Buenaventura (19.58%), and public shareholders (5.86 %).

Start: 1976

 

Radomiro Tomic, ChileRadomiro Tomic, Chile

Location: Atacama Desert of Northern Chile

Resource: 12.1 million tonnes (Mt) of recoverable copper reserves at the beginning of 2013.

Owner: Codelco

Start: 1998

 

 

Los Bronces, ChileLos Bronces, Chile

Location: 65km north-east of Santiago in the Andean Mountains of Chile

Resource: 11.13 million tonnes (Mt) of recoverable copper reserves at the end of 2012.

Owner: Anglo American (50.1%), Mitsubishi (20.4%), and a joint venture of Codelco and Mitsui (29.5%)

 

 

 

Grasberg, IndonesiaGRASBERG MINE

Location: Papua province of Indonesia

Resource: 10.47 million tonnes (Mt) of recoverable copper reserves at the end of 2012.

Owner: PTFI (90.64%) and the Government of Indonesia (9.36%)

Start: 1990

Description: Freeport Indonesia (PTFI), a subsidiary of Freeport-McMoRan, operates the mine. Rio Tinto also has a sharing agreement with FCX in the mining operation

 

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