Metals

Lundin secures environmental permit to extend Candelaria mine life

CBCIE Time:Sep 13, 2023 09:01 Source:mining

Canada’s Lundin Mining can proceed with a plan to extend the productive life of its Candelaria copper mine in Chile after local authorities approved a revised environmental impact assessment (EIA) for the operation.

The miner said the new EIA considers several improvements to the operations, which will allow extending Candelaria’s life to 2040, 10 years more than estimated in the previous assessment.

Lundin said the approved EIA would allow, in particular, the potential development of the Candelaria underground expansion project and of the La Española pit.

The Vancouver-based miner, Canada’s third-biggest copper producer, expects to receive the final seal of approval from the Environmental Assessment Service (SEA) in October.

The Candelaria complex includes the Candelaria and Ojos del Salado copper mines in Chile’s northern Atacama region. The two operations produce copper concentrates from open pit and underground mines.

Lundin Mining CEO Peter Rockandel said the approval of the new EIA marked the culmination of a comprehensive process.

“[It] enables the construction of various facilities and initiatives that, together, represent continued investment and local employment,” he said in the statement.

The complex is expected to churn out 145,000 – 155,000 tonnes of copper and 85,000 – 90,000 ounces of gold this year.

Lundin Mining indirectly owns 80% of then Candelaria complex and Japan’s Sumitomo holds the rest.

All articles, pictures, reports and other original works on the website that are attributed to CBCIE are non-public information, only for members. No one may reproduce or otherwise use the original content of this website without our permission. If you need to use it, please call
+86 18135172048 to apply for authorisation. CBCIE reserves the right to pursue any infringement and citation contrary to the original intent.

Disclaimer:CBCIE is committed to building a comprehensive and authoritative metal information platform, and strives to provide a full range of data and information services and decision-making support for metal industry researchers and practitioners. However, the information on this website is for reference only and is not intended as direct advice for investors' decision-making. Any investment, purchase, sale or operation based on the information on this website should be at your own risk and is not related to CBCIE.

CBC Copper Product Navigation

Key Products

Copper Concentrate

Copper Powder

Copper Tube

Copper Rod

Copper Strip

Reference Quotation

Copper Customs Import and Export

Contact us

Contact us for more CBC information and services.

Get in touch
CBC专家咨询 关闭
2025-2030年报预订 关闭
close
WeCom

CS Manager:
Zizhen Zhang

+86 18135172048