This information is available only to subscribers.
Start a free trial, to unlock the full potential of a subscription to BNamericas.
Already a subscriber? Please, login.

Diego de Almagro

Project Stages

The development stages in the projects are displayed in the standard sequence for the industry. However, projects may be developed in a different sequence because of corporate decisions or events that push the owner to repeat stages. To access the full details of this project’s history please explore its milestones

Early Works
Current Stage: Prefeasibility
Start: 07/2015
In Construction
Project Details


The 1,256ha Diego de Almargo iron oxide-copper-gold deposit has reserves estimated at 300,000t copper and 27,000oz gold. Plans include leaching oxides and concentrating sulfides to produce 11,000t/y copper cathodes (years 1-8) and 22,000t/y copper concentrate (years 2-8). Iron content recovery is not contemplated. The project entails building a copper cathode plant and a concentrator. The EIS submitted in November 2012 also covers a 59km pipeline to supply the open pit mine with desalinated seawater for processing, and a transmission line for power supply. Inversiones Can Can S.A owns the project through its subsidiary Compañia Minera Sierra Norte S.A.

Only BNamericas Subscribers Can Access This Information.
Subscribe to BNamericas to gain better insight into project development and contract opportunities in Latin America.
  • Early-stage and under-development projects throughout the region
  • Project coverage focused on biggest investments in each country and sector
  • Project milestones highlighting planned and unplanned developments
  • Sales contacts within operators and contracted companies
  • Access to experienced research staff
  • Risk analysis of cost increases, scheduling conflicts and regulatory environment
Already a subscriber? Please, login

Milestones Log and News

Principal Works

Locked content
Dear visitor, this table includes insights that is only available for subscribers

Related Companies

Name Sector Country Relation
Locked content
Project Owners
Locked content
Dear visitor, this table includes insights that is only available for subscribers

  • * Figures and dates are as per the latest publicly available information, as well as information gathered by BNamericas reporters and analysts and are subject to change.

  • * Changes to original budget estimates are shown as the total figure available and may include interest, working capital, inflation adjustments and other contingencies in addition to capital expenditure.

  • * Amounts and overall results are shown in US dollars unless otherwise stated.

  • * BNamericas does not guarantee the sequence, accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. There are no express or implied warranties. In no event shall BNamericas, its agents, directors, officers, employees, representatives, successors, and assigns be liable for any damages of any nature in connection with BNamericas content.

Key Specs

Full Name
Diego de Almagro
Project Type
Copper, Gold, Iron ore, Open pit mining
Development Phase
Project Status
Project Capacity
 Iron ore
 Open pit mining
US$ 475mn

The Diego de Almagro property is located in Chañaral province, in Chile's northern Atacama region (III). 

* The map coordinates represent the approximate latitude and longitude, and not the exact location of the project.

Locked content
Owner / operator
Locked content
Minera Sierra Norte Company Manager
Locked content
Corporate Communications
Locked content
Mining Operations Manager
Locked content
Director, Strategic Development
Locked content
Administration and Finance Manager
Dear visitor, this table includes insights that is only available for subscribers