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result of the Los Pelambres expansion and Esperanza project the Group is expected to increase total copper...result of the Los Pelambres expansion and Esperanza project the Group is expected to increase total copper...17 Development projects: Esperanza The US$2.3 billion, 70% owned project located in Chile’s Antofagasta...and 215,000 ounces of payable gold per year. The project is 65% complete at 31 December 2009 with commissioning...feasibility study for a stand-alone heap leach SX-EW project to be completed by mid-2011. > Page 27 > Page |
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brownfield expansion and developing a greenfield project, which, when operational, are expected to increase...g/tonne gold 223m tonnes @ 0.60% copper (inc. Esperanza ROM oxides) 8m tonnes @ 0.91% copper Resources...molybdenum 287m tonnes @ 0.57% copper (inc. Esperanza ROM oxides) 62m tonnes @ 1.46% copper Mauro...tailings dam Los Pelambres plant expansion Esperanza Chile’s Coquimbo Region Chile’s Coquimbo Region...Estimated capex Production Estimated start-up Project life Estimated start-up Started in operation November |
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1: The existing core business Los Pelambres Esperanza El Tesoro Michilla A sulphide deposit located...Production Copper (tonnes) 2011 Los Pelambres Esperanza El Tesoro Michilla Total Molybdenum (tonnes)...@ 0.51% Cu B Telégrafo 2,965 mt @ 0.34% Cu C Esperanza sulphides 2,019 mt @ 0.36% Cu D Caracoles 1,301...close to Esperanza and El Tesoro, a feasibility study is under way in respect of this project. Located...this project. Antucoya is an oxide deposit located in Chile’s Antofagasta region. The project is expected |
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Guillermo Luksic Non-Executive Deloitte LLP Juan Claro Non-Executive Solicitor Hugo Dryland Non-Executive... 1 The existing core business Los Pelambres Esperanza El Tesoro Michilla Our largest mine, with a...production commenced at the start of 2011, and Esperanza is currently the Group’s lowest-cost operation...copper cathodes. 60% owned 70% owned Page 38 Esperanza El Tesoro Michilla Total 74.2% owned Page 42...H D B C A Los Pelambres B Esperanza Sur C Twin Metals D Esperanza sulphides E Encuentro F Antucoya |
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Guillermo Luksic Non-Executive Deloitte LLP Juan Claro Non-Executive Solicitor Hugo Dryland Non-Executive... 1 The existing core business Los Pelambres Esperanza El Tesoro Michilla Our largest mine, with a...production commenced at the start of 2011, and Esperanza is currently the Group’s lowest-cost operation...copper cathodes. 60% owned 70% owned Page 38 Esperanza El Tesoro Michilla Total 74.2% owned Page 42...H D B C A Los Pelambres B Esperanza Sur C Twin Metals D Esperanza sulphides E Encuentro F Antucoya |
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17:43 The front cover image features Minera Esperanza Overview Antofagasta is a Chilean-based copper...first quarter of 2010, and commissioning of the Esperanza mine commenced in November 2010. Earnings per...to acquire an initial 40% stake in the Nokomis project. To see this report online go to: www.antofagasta...2011, reflecting the commissioning of the new Esperanza mine. > Page 34 Securing and strengthening the...Core Business: Current operations Los Pelambres Esperanza Los Pelambres is a sulphide deposit located in |