Confirmed: Copper for another century at Chile’s main Escondida mine

Friday, July 22nd 2011 - 15:53 UTC

Full article 4 comments

The giant miner BHP Billiton announced this week a 129% increase in the mineral resource at and around Chile’s Escondida, the world's biggest copper mine. Read full article

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Englander
Two British Companies doing well in partnership with our good friends in Chile. Always nice to hear.
Jul 22nd, 2011 - 04:03 pm - Link - Report abuse 0
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ManRod
just a little correction on the foto:
“The Escondida mine, the largest in the world ”

Should be:

“The Escondida mine, the largest private one hold in the world ”

Still there is the Chuquicamata mine from state owned Codelco, which is bigger.
Jul 23rd, 2011 - 09:56 am - Link - Report abuse 0
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jerry
Just curious, but with this new increase in reserves, which one will be larger?
Jul 23rd, 2011 - 03:36 pm - Link - Report abuse 0
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ManRod
Hi Jerry, well... this is a hypothetic question, as nobody knows the future.
I can only tell, that by Volume (Size of the mine) and also by already explored ore, Chuqui is by far the biggest open pit mine on earth (by far) and it's reserves are neither extinguished for a long time.
La Escondida is a great mine, and it's probably the most efficient one, might be that in future it will surpass chuqui.
Jul 24th, 2011 - 10:19 pm - Link - Report abuse 0
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