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The National Copper Corporation of Chile (Spanish: Corporación Nacional del Cobre de Chile), abbreviated as Codelco, is a Chilean state-owned copper mining company. It was formed in 1976 from foreign-owned copper companies that were nationalised in 1971.
This transfer allowed Antofagasta Holdings to concentrate on the development of the Pelambres and the Tesoro mines and establish itself as a low cost copper producer. [3] The shortened name, Antofagasta, was adopted in 1999. [3] The Los Pelambres mine was first recognized by Willian Burford Braden in 1920. One of the largest copper deposits in ...
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.
It is currently the highest producing copper mine in the world. Its 2007 production of 1.483 million tons of the metal was worth US$10.12 billion, [ 1 ] mainly as metal in concentrate, but some as cathode, and was 9.5% of world output and 26% of Chilean production, according to the US Geological Survey's preliminary estimates of 2007 world mine ...
1947 map of mines in Chile. The mining sector in Chile is one of the pillars of Chilean economy and 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, molybdenum ...
BHP wants Anglo's prized copper assets in Chile and Peru. Its $49 billion, or 31.11 pounds sterling ($39.38) a share, attempt failed in May, but BHP did not rule out a renewed offer.
Los Pelambres mine is a copper mine located in the north-central of Chile in Coquimbo Region. It is one of the largest copper reserves in the world, having estimated reserves of 4.9 billion tonnes of ore grading 0.65% copper. [1] The deposit was first recognized by Willian Burford Braden in 1920. Production in 2012 was forecast at 390 tons of ...
Chile's state-owned copper mining giant Codelco on Wednesday shut down its Ventanas copper smelter after decades of polluting Quintero Bay with toxic gases and turning it, along with 15 other ...