| Andacollo hypogene Project |
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Andacollo hypogene |
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Country |
Chile
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Status |
PRODUCTION
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Latitude / Longitude |
30 S 14 / 71 W 06 |
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Legends
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| Risk and valuation analysis of the Andacollo hypogene Project |
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| Title(s) of the Andacollo hypogene Project |
 | Teck Resources Limited
Interest: 90% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Teck Cominco has a 90% interest in the mine, with Empresa Nacional de Minera, a Chilean government entity, having the remaining 10% interest. Teck Cominco acquired its interest in Andacollo through the acquisition of Aur Resources in August 2007. |
 | Royal Gold Inc. |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Royal Gold will pay US$100 million in cash plus approximately 4.45 million Royal Gold common shares valued at US$200 million based on a 5 day trailing volume weighted average price of US$44.90 per share. Under the agreement, Royal Gold is entitled to more... |
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| Location of the Andacollo hypogene Project |
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The Andacollo mine is located in central Chile, adjacent to the town of Andacollo, approximately 55 kilometres southeast of La Serena and 350 kilometres north of Santiago. The mine is located near the southern limit of the Atacama Desert at an elevation of 1,000 metres.
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| History of the Andacollo hypogene Project |
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The Andacollo mine is an open-pit truck-and-shovel operation, employing standard drilling and blasting techniques. The Andacollo processing facilities produce LME Grade A copper cathode by utilizing crushing, agglomeration, heap leaching, dump leachi more...
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Data last updated on : 12/31/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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