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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 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]
Location of the La Escondida and Chuquicamata copper mines in Chile False color satellite image of Escondida (bottom) and neighbouring Zaldívar mines (top), April 2000 Escondida is a copper mine at 3,100 metres (10,200 ft) elevation in the Atacama Desert in Antofagasta Region , Chile .
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. [3]
Chile's copper production will likely decrease 1.2% to 5.718 million tons in 2020 versus a year earlier, state copper commission Cochilco said on Thursday. Cochilco estimated that the copper price ...
Unionized workers at Codelco's Chuquicamata copper mine, one of the world´s largest, said late on Wednesday they would walk off the job beginning Friday after failing to reach a labor deal with ...
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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 ...