https://www.miningweekly.com
Building|Business|Copper|Paper|Projects
Building|Business|Copper|Paper|Projects
building|business|copper|paper|projects

Chilean miner Antofagasta studying $3bn expansion at Centinela -paper

28th January 2019

By: Reuters

  

Font size: - +

SANTIAGO – Chilean copper miner Antofagasta is evaluating building a new concentrator plant at its Centinela mine that would cost around $3 billion, the CEO of the company was quoted telling a local daily on Sunday.

Antofagasta's copper production rose 3% to 725 300 t last year, allowing the company to weigh potential expansion projects and upgrades, Ivan Arriagada said, according to an interview published in La Tercera.

"The best option is to build a new concentrator plant (at Centinela), and we're in the feasibility stage of that initiative," Arriagada was quoted saying in the paper. He added that it would cost between $2.7-billion and $3-billion.

Antofagasta has forecast its copper output will rise to 750 000 t to 790 000 t this year.

Antofagasta did not immediately respond to requests for comment outside regular business hours.

Edited by Reuters

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.193 0.229s - 113pq - 2rq
Subscribe Now