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XMFSinchiruna (26.57)

Map of Some Key Chilean Mines



March 01, 2010 – Comments (5)

In case you were wondering how close some mines that you may have exposure to are in relation to the quake zone, here is a map covering some key mines in the Maricunga and El Indio resource belts just north and east of La Serena (which itself is some 350km north of Santiago).

If the image gets cut off, I will repost below under comments.

And here is the latest Reuters update.

5 Comments – Post Your Own

#1) On March 01, 2010 at 1:03 PM, XMFSinchiruna (26.57) wrote:

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#2) On March 01, 2010 at 1:11 PM, outoffocus (22.87) wrote:

I can see the entire image.

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#3) On March 01, 2010 at 1:46 PM, XMFSinchiruna (26.57) wrote:

Barrick Gold Corp, Kinross Gold Corp and Breakwater said their mines had not been affected. Teck Resources Ltd said the quake had not impacted its Andacollo and Quebrada mines, though they could still be hit by power supply restrictions. Yamana Gold Inc says El Penon operations not seriously impacted.

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#4) On March 01, 2010 at 2:25 PM, XMFSinchiruna (26.57) wrote:

(Reuters) - All but one of Chile's biggest copper mines hit by the massive weekend earthquake had restored operations by Monday, but persistent power supply problems threatened to restrict production rates.

* Freeport McMoRan Copper & Gold Inc said it was resuming normal production at its Candelaria mine although power supply problems persisted.

* The Chilean copper-exporting port of San Antonio set to resume operations at 1500 GMT.

* Key copper-exporting ports of Antofagasta and Mejillones in the north were operating normally.

* Steelmaker CAP closes southern unit due to damage.

Here is an overview of major mines and smelters in Chile:

Major Mines Location Operator Output Status

El Teniente 75km S of Santiago Codelco 404,000 ops resumed

Andina 50km NE of Santiago Codelco 210,000 ops suspend

Los Bronces 65km NE of Santiago Anglo-American 235,000 ops resumed

El Soldado 132km N of Santiago Anglo-American 50,000 ops resumed

Los Pelambres 200km NE of SantiagoAntofagasta 310,000 ops resumed

Candelaria FreeportMcMoRan185,000 starting up

Escondida far north BHP Billiton 780,000 ops normal

Collahuasi far north Xstrata/Anglo 435,000 ops normal

Chuquicamata far north Codelco 565,000 ops normal

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#5) On March 01, 2010 at 2:26 PM, XMFSinchiruna (26.57) wrote:

Media reports said that up to one fifth of Chile's copper-mining capacity was halted after the quake. Chile is the world's largest copper producer and exports a third of the global supply, mining more than 5.9 million tons in the past year

The biggest mines are in northern Chile and were spared damage, but some analysts said the supply disruptions in smaller deposits near Santiago could lead to prices rising on Monday, according to media reports.

Codelco, Chile's state miner, closed two of its major mines following the quake, including El Teniente, the world's largest underground copper mine. The company said it would resume operations Monday. Other smaller mines around Chile that lost electricity will be closed longer.

Citi analyst David Thurtell told Reuters Sunday that while the quake didn't physically damage the mines, "the major impact may come from the disruption on deliveries from the mines and from the disruption of power."

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