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Candelaria Project
Candelaria
Country Chile 
Province Copiapó
Close to Ojos del salado
Status PRODUCTION 
Latitude / Longitude 27 S 2 / 68 W 42
Legends
Valorisation
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Produces Copper - Gold - Silver -
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Risk and valuation analysis of the Candelaria Project
Status Risk : Production
Country Risk : Light
Resource Risk : 99.00%
In situ value
2,705,635,613 $
Title(s) of the Candelaria Project
Freeport McMoRan Copper and Gold Inc.
Interest: 80%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Location of the Candelaria Project
Candelaria mine is located about 12 miles south of Copiapó, in the Third Region of Chile. It also has a port facility, Punta Padrones, in Caldera, about 50 miles northwest from the mine.
 
History of the Candelaria Project
Discovered as a copper deposit in 1987, the open-pit copper mine has been in operation since 1993.
 
Geology of the Candelaria Project
The Candelaria mine is iron oxide, copper/gold deposit. Millable primary sulfide mineralization consists of chalcopyrite.
 
Reserves and resources of the Candelaria Project
TonnageGradeReserves and resources
GoldCopperSilverGoldCopperSilver
g/t%g/tozlbsoz
 Proven339,000,0000.130.592.16 1 438 6824 409 465 706 23 542 063
 Probable21,000,0000.150.642.39 98 574 296 301 280 1 613 646
 Proven and Probable360,000,0000.130.592.17 1 537 2564 705 766 986 25 155 709
 Total 360 000 000 1 537 2564 705 766 986 25 155 709
Definitions
Reserves and resources of the Candelaria Project
MetalTotalReservesMineralized MaterialUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Copper4 705 766 9864 409 465 706 296 301 2804 705 766 986 lbs15 837 258 793 US$
 Gold 1 537 256 1 438 682 98 574 1 537 256 oz2 102 058 949 US$
 Silver 25 155 709 23 542 063 1 613 646 25 155 709 oz 556 444 275 US$
Production history
Metal2009200820072006200520042003200220012000
COPPER (lbs)369,999,698557,499,545566,249,538374,001,000358,599,506440,999,481468,923,231438,999,888486,399,275449,406,816
Location
Data last updated on : 12/31/2007
Disclaimer
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.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources