El Tesoro Copper Mine, Antofagasta, Chile

El Tesoro Copper Mine, Antofagasta, Chile

In April 2006, Antofagasta and Equatorial Mining completed the expansion of the mine, and the ore production increased from 9.7 million tons per year to 10.5 million tons per year. 2006 is expected to produce 91,600 tons of crude copper. The mine is mined in an open-air manner and is wet smelted (solvent extraction electrowinning). The ore reserves/resources are 303 million tons, and the average grade is 0.75% copper. Antofagasta owns 70% and Equator Mining owns 30%. (Source: Resource Network)

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