- Write by:
-
Friday, January 19, 2024 - 19:02:39
-
82 Visit
-
Print
Chile’s state-owned Codelco, the world’s largest copper producer, submitted an environmental permit request on Thursday to modify its Chuquicamata Subterranea project at a cost of $720 million.
“The general objective of the project is to incorporate optimizations to the original project and modifications in order to ensure that the operation of MCHS (Chuquicamata) can reach the authorized production” of 140,000 tons per day, the request read.
The modifications include two new extraction tunnels for ventilation, fuel and electricity installations, new haulage sublevels and an access tunnel.
Chuquicamata Subterranea is an ambitious project to extend the open-pit copper mine’s lifespan by converting it into an underground operation. The project has faced years of significant delays and cost overruns.
Codelco’s production has fallen to its lowest level in 25 years due to operational problems and delays in its expansion projects, but its top executives have given assurances that production will begin to recover this year.
Short Link:
https://www.miningnews.ir/En/News/627875
Top copper producer Codelco reported a decline in quarterly output due to lower quality ore at its aging Chilean mines — ...
When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the ...
Chile President Gabriel Boric said on Thursday he is targeting an increase in the country’s annual copper output by 1 ...
Brazilian miner Vale SA sees no impact from BHP Group’s bid for Anglo American on the latter’s Minas-Rio project, its ...
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly ...
China’s Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company ...
Copper needs to reach $12,000 a ton — a 20% jump from this week’s high — to incentivize large-scale investments in new ...
Teck Resources, Canada’s largest diversified miner, saw its copper production jump by 74% in the first three months of ...
Aurubis AG, Europe’s largest refined copper producer, has started a project in its Bulgarian smelter which will expand ...
No comments have been posted yet ...