Carmen de Andacollo
Location | |
---|---|
![]() ![]() Carmen de Andacollo ![]() ![]() Carmen de Andacollo | |
Coquimbo Region | |
Country | Chile |
Coordinates | 30°15′0.65″S 71°5′38.23″W / 30.2501806°S 71.0939528°W |
Production | |
Products | Copper |
History | |
Opened | 1994 |
Owner | |
Company | Compañía Minera Carmen de Andacollo
|
Carmen de Andacollo is an open-pit copper mine in northern Chile next to the town of Andacollo and about 40 km southeast of the port city of Coquimbo. Teck Resources owns 90% of the mine while state-owned ENAMI owns the rest.[1] The mine opened in 1996.[1] In 2023 it produced 39,600 metric tons of copper concentrate.[1] The ore mined belongs to the hypogene zone of the orebody.[2]
The concentration of property to establish a large mine begun 1975 when Augusto Pinochet gave permission to ENAMI to purchase surface real estate from the inhabitants of Andacollo.[3] Businessman Andrónico Luksic resisted the purchase of his property and he eventually acceded for a swap for a mining property in Los Pelambres.[4] The mine property was put to into an international tender for a company willing to form a joint venture with ENAMI.[4] Noranda Mines showed some interest but ultimately declined. A tender in 1990 ended in a similar maner with Placer Dome showing interest before declining.[4] In 1994 after a new tender a joint venture of Carbon Tungsten and Compañía Minera del Pacífico (CMP) accepted the conditions of ENAMI, beginning the modern mine.[5] At this point the ownership of the mining company Compañía Minera Carmen de Andacollo was as folows; Carbon Tungsten (63%), CMP (27%) and ENAMI (10%), with CMP itself being a joint-venture of steelmaking CAP and ENAMI.[5][6] Production begun in 1994.[7]
Soon, 63% of shares passed from Carbon Tungsten to Aur Resources, which years later in late 2006 increased its shares to 90% after purchasing them from CMP.[8][6] In 2007 Aur Resources was purchased by Teck Cominco.[5][7]
References
- ^ a b c "Carmen de Andacollo". Consejo Minero (in Spanish). Retrieved 2025-05-09.
- ^ "About Carmen de Andacollo". Teck.com. Retrieved 2025-05-08.
- ^ Danús 2007, p. 187.
- ^ a b c Danús 2007, p. 188.
- ^ a b c Danús 2007, p. 189.
- ^ a b "Canada's Aur agrees to boost stake in Andacollo mine". Reuters. 2007-08-09. Retrieved 2025-07-30.
- ^ a b "Teck Cominco successfully acquires Aur Resources". International Mining. 2007-08-23. Retrieved 2025-07-30.
- ^ "Aur Resources compra 27% de CMP en Carmen de Andacollo". Minerería Chilena (in Spanish). 2006-12-06. Retrieved 2025-07-30.
Bibliography
- Danús, Hernán (2007). "V. La geología y las exploraciones mineras". Crónicas mineras de medio siglo (1950-2000) (in Spanish). Santiago de Chile: RIL Editores. ISBN 978-956-284-555-7.