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.

Altair Cancelled

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: Initial exploration & discovery
Start: 11/2013
Completion: 08/2014
In Construction
Project Details


Chile-focused Estrella Resources' Altair iron-oxide-copper-gold (IOCG) project consists of 265,510ha. In February 2013, Estrella signed an option agreement with Chilean non-metallic miner SQM to earn a 100% interest in metal discoveries at the project, by funding expenditures up to the completion of a prefeasibility study (PFS) and paying option fees over the option period. The companies signed a second option agreement in May 2013, incorporating the Colupo, Dania and Ivannia prospects into the project. An estimate on the investment required for the Altair project is due by 2016, when the PFS is scheduled for completion.

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

Related Companies

Name Sector Country Relation
Locked content
Project Owners
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
Project Type
Copper, Gold, Iron ore, Open pit mining
Development Phase
Initial exploration & discovery
Project Status
Project Capacity
 Iron ore
 Open pit mining
Completion Date

The Altair project is located 90km north-northeast of Antofagasta.

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



Locked content
Owner / operator
Locked content
Managing Director
Dear visitor, this table includes insights that is only available for subscribers