La Candelaria, Chile
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La Candelaria, Chile
The Candelaria mine is a large open pit and underground copper-gold mine located in northern Chile in the Atacama Region. Candelaria has Proven and Probable Reserves of 676 million tonnes of ore grading 0.53% copper, 0.13 g/t gold, and 1.79 g/t silver; containing 3.58 million tonnes of copper, 3.0 million oz of gold and 39 million oz of silver. The mine project incorporates a reverse osmosis plant at the port of Caldera, commissioned in 2013, with a capacity to produce 500 litres per second of desalinated industrial water, piping it 115 km from the Pacific Ocean to the minesite. The project was operated since discovery by Phelps Dodge, which was taken over by Freeport-McMoRan in 2007. Lundin Mining Lundin Mining Corporation is a Canadian company that owns and operates mines in Sweden, United States, Chile, Portugal and Brazil that produce base metals such as copper, zinc, and nickel. Headquartered in Toronto, the company was founded by Adolf ... bought out Freeport's 80% stake ...
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Chile
Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica, occupying a long and narrow strip of land between the Andes to the east and the Pacific Ocean to the west. Chile covers an area of , with a population of 17.5 million as of 2017. It shares land borders with Peru to the north, Bolivia to the north-east, Argentina to the east, and the Drake Passage in the far south. Chile also controls the Pacific islands of Juan Fernández, Isla Salas y Gómez, Desventuradas, and Easter Island in Oceania. It also claims about of Antarctica under the Chilean Antarctic Territory. The country's capital and largest city is Santiago, and its national language is Spanish. Spain conquered and colonized the region in the mid-16th century, replacing Inca rule, but failing to conquer the independent Mapuche who inhabited what is now south-central Chile. In 1818, after declaring in ...
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Lundin Mining
Lundin Mining Corporation is a Canadian company that owns and operates mines in Sweden, United States, Chile, Portugal and Brazil that produce base metals such as copper, zinc, and nickel. Headquartered in Toronto, the company was founded by Adolf Lundin and operated by Lukas Lundin. While it was incorporated to pursue an interest in a diamond mine in Brazil, the company re-structured and raised funds to develop the Storliden mine in Sweden. It purchased the Swedish Zinkgruvan Mine from Rio Tinto and then merged with Arcon International Resources for its Galmoy Mine in Ireland and Eurozinc for its Neves-Corvo mine in Portugal. The company subsequently purchased and operated the Eagle mine, Candelaria mine, and Chapada mine. History The company was founded in 1994 by Adolf Lundin as South Atlantic Diamonds Corp, listed on the TSX Venture Exchange, for the purpose of investing in a diamond mine in Brazil. The company changed its name to South Atlantic Resources as it invested in an ...
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Sumitomo Group
The is one of the largest Japanese ''keiretsu'', or business groups, founded by Masatomo Sumitomo (1585-1652) around 1615 during the early Edo period. History The Sumitomo Group traces its roots to a bookshop in Kyoto founded circa 1615 by Masatomo Sumitomo, a former Buddhist monk. Even today management of the group is guided by his "Founder's Precepts", written in the 17th century. Copper refining made the company famous. Riemon Soga, Masatomo Sumitomo's brother-in-law, learned Western methods of copper refining. In 1590 he established a smelting business, ''Izumiya'', literally meaning "spring shop". Riemon perfected techniques that allowed the extraction of silver from copper ore, something Japanese technology had not previously accomplished. The smelting and smithing business was moved from Kyoto to Osaka by the late 17th century. Soga passed control of the company to his son Tomomochi who managed its transformation into a major trading house during the Edo period. Sumitom ...
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Copper
Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable metallic form ( native metals). This led to very early human use in several regions, from circa 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide ores, circa 5000 BC; the first metal to be cast into a shape in a mold, c. 4000 BC; and the first metal to be purposely alloyed with another metal, tin, to create ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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Silver
Silver is a chemical element with the Symbol (chemistry), symbol Ag (from the Latin ', derived from the Proto-Indo-European wikt:Reconstruction:Proto-Indo-European/h₂erǵ-, ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of th ...
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Mineral Resource Classification
There are several classification systems for the economic evaluation of mineral deposits worldwide. The most commonly used schemes base on the International Reporting Template, developed by the CRIRSCO - Committee for Mineral Reserves International Reporting Standards, like the Australian Joint Ore Reserves Committee - JORC Code 2012, the Pan-European Reserves & Resources Reporting Committee' – PERC Reporting Standard from 2021, the Canadian Institute of Mining, Metallurgy and Petroleum - CIM classification and the South African Code for the Reporting of Mineral Resources and Mineral Reserves (SAMREC). A more detailed description of the historical development concerning reporting about mineral deposits can be found on the PERC web site. Mineral resources A 'Mineral Resource' is a concentration or occurrence of material of intrinsic economic interest in or on the earth's crust in such form, quality and quantity that there are reasonable prospects for eventual economic extraction. ...
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Reverse Osmosis
Reverse osmosis (RO) is a water purification process that uses a partially permeable membrane to separate ions, unwanted molecules and larger particles from drinking water. In reverse osmosis, an applied pressure is used to overcome osmotic pressure, a colligative property that is driven by chemical potential differences of the solvent, a thermodynamic parameter. Reverse osmosis can remove many types of dissolved and suspended chemical species as well as biological ones (principally bacteria) from water, and is used in both industrial processes and the production of potable water. The result is that the solute is retained on the pressurized side of the membrane and the pure solvent is allowed to pass to the other side. To be "selective", this membrane should not allow large molecules or ions through the wiktionary:pore, pores (holes), but should allow smaller components of the solution (such as solvent molecules, e.g., water, H2O) to pass freely. In the normal osmosis process, t ...
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Caldera, Chile
Caldera is a port city and commune in the Copiapó Province of the Atacama Region in northern Chile. It has a harbor protected by breakwaters, being the port city for the productive mining district centering on Copiapó to which it is connected by the first railroad constructed in Chile. Geography and climate Caldera lies about west of Copiapó on the Pacific. The climate is mostly warm and extremely dry, because of its location on the Atacama desert's coast, but the temperatures are moderated by the cooling sea currents. However, lately the climate has become colder due to the climatic change. The commune spans an area of . History In 1687, Englishman Edward Davis reached the ''Playa Bahia Inglesa'' south of Caldera. In 1840, William Wheelwright of the Pacific Steam Navigation Company visited the region of Caldera. On his proposal the first railway was created in the year of 1851 from Caldera to Copiapó. Its inauguration was on Christmas Day in 1851. Caldera became an i ...
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Lundin Mining Corporation
Lundin Mining Corporation is a Canadian company that owns and operates mines in Sweden, United States, Chile, Portugal and Brazil that produce base metals such as copper, zinc, and nickel. Headquartered in Toronto, the company was founded by Adolf Lundin and operated by Lukas Lundin. While it was incorporated to pursue an interest in a diamond mine in Brazil, the company re-structured and raised funds to develop the Storliden mine in Sweden. It purchased the Swedish Zinkgruvan Mine from Rio Tinto and then merged with Arcon International Resources for its Galmoy Mine in Ireland and Eurozinc for its Neves-Corvo mine in Portugal. The company subsequently purchased and operated the Eagle mine, Candelaria mine, and Chapada mine. History The company was founded in 1994 by Adolf Lundin as South Atlantic Diamonds Corp, listed on the TSX Venture Exchange, for the purpose of investing in a diamond mine in Brazil. The company changed its name to South Atlantic Resources as it invested in an ...
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Phelps Dodge
Phelps Dodge Corporation was an American mining company founded in 1834 as an import-export firm by Anson Greene Phelps and his two sons-in-law William Earle Dodge, Sr. and Daniel James. The latter two ran Phelps, James & Co., the part of the organization based in Liverpool, England. The import-export firm at first exported United States cotton from the Deep South to England and imported various metals to the US needed for industrialization. With the expansion of the Western frontier in North America, the corporation acquired mines and mining companies, including the Copper Queen Mine in Cochise County, Arizona and the Dawson, New Mexico coal mines. It operated its own mines and acquired railroads to carry its products. By the late 19th century, it was known as a mining company. On March 19, 2007, Freeport-McMoRan completed a $25.9 billion acquisition of Phelps Dodge Corporation. History in 1821, Anson G. Phelps started a partnership in New York City with Elisha Peck, a mer ...
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