Ojos del Salado Project
Ojos del Salado
Country Chile 
Province Copiapó
Status PRODUCTION 
Latitude / Longitude 27 S 29 / 70 W 11
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Valorisation
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Produces Copper - Gold - Silver -
Develops
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Last updated on 3/26/2010 - Terms of Use
Risk and valuation analysis of the Ojos del Salado Project
Status Risk : Production
Country Risk : Light
Title(s) of the Ojos del Salado Project
Freeport McMoRan Copper and Gold Inc.
Owner: 80%
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Location of the Ojos del Salado Project
Ojos del Salado mine is located about 10 miles east of Copiapó, in the Third Region of Chile.
 
History of the Ojos del Salado Project
Ojos del Salado began commercial production in 1929 under the name Planta Punta de Cobre. Phelps Dodge acquired 10% of Ojos del Salado in 1983, becoming the sole owner in 1985. Sumitomo joined as a partner in 2005. It became part of Freeport-McMoRan when the two companies merged in 2007.
 
Geology of the Ojos del Salado Project
The Ojos del Salado mines are iron oxide and copper/gold deposits. Millable primary sulfide mineralization consists of chalcopyrite.
 
Exploration and drilling
2/11/2006Indonesia Seeks New Deal With Freeport
Location
Data last updated on : 12/31/2007
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