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Diego de Almagro

Project Stages

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

Description

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.

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Principal Works

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Related Companies

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  • * 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.

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Key Specs

Full Name
Diego de Almagro
Project Type
Copper, Gold, Iron ore, Open pit mining
Development Phase
Prefeasibility
Project Status
Active
Project Capacity
 Copper
 Gold
 Iron ore
 Open pit mining
Investment
US$ 475mn
Lifespan
15
Location

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.


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Owner / operator
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Minera Sierra Norte Company Manager
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Corporate Communications
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Mining Operations Manager
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Director, Strategic Development
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Administration and Finance Manager
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