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Compañía Contractual Minera Candelaria

Company Detail

Description

Minera Candelaria is the company that operates the Candelaria copper mine in northern Chile's Atacama region (III). Its facilities include a crushing plant, a concentrator and a port – Punta Padrones. The copper, gold and iron oxide deposit was discovered in 1987 and operations began in 1993. Until October 2014 the company was controlled by US-based Freeport McMoRan Copper & Gold (80%) and Japanese consortium Sumitomo (20%). Lundin Mining Corporation bought McMoRan Copper & Gold's stake in November 2014.

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