CHUQUICAMATA (CODELCO NORTE)
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Property NewsMarch 31, 2010 As of Mar/10, The 2010 investment plan was approved and totalled US$ 2.3 billion. Key projects in progress: Radomiro Tomic Sulphide deposit, Phase I: 98.7%; Andina Expansion Plan, Phase I: 95%, and Pilar Norte deposit: 96.1%. As at the first quarter, other structural projects were developing basic engineering or feasibility studies. In the case of the Chuquicamata Underground Mine project, Codelco submitted an Environmental Impact Statements to be processed in the Environmental Impact Assessment System. December 31, 2009 In 2009, exploration program around Codelco Norte, ore intersections were found after drilling in different areas. In this district, Codelco focused on extending prospecting areas by applying new geological information. December 31, 2008 As of Aug/08, the company started the execution of the Radomiro Tomic Sulfides Exploitation project under emergency mode. It consists of a crushing system and the transfer of material for shipping sulfided minerals from Radomiro Tomic deposit to the Chuquicamata concentrators, located 8.2 km length. It will require an investment of US$382 million and will be operative in 2010. It will produce 160,000 tonnes of fine copper annually. |
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