Teck to begin Quebrada Blanca mine upgrade in November
SANTIAGO – Canadian miner Teck Resources Ltd will begin work in November on a $4.8-billion phase 2 project at its Quebrada Blanca copper mine in northern Chile, Chile's Mines Minister said on Tuesday.
The company received environmental approval for the plan earlier this month, which aims to extend the life of the aging deposit by 25 years and boost production to 300 000 t of copper annually.
It said in July it would be seeking a development partner to invest $2-billion for a 30% to 40% share in the project, and hoped to close a deal in the fourth quarter.
The project includes the first large-scale use of desalinated seawater for mining in Chile's arid Tarapaca region, as well as a 140 000 t/d concentrator.
"Quebrada Blanca will start moving in November," minister Baldo Prokurica told journalists at a meeting in Santiago.
Teck could not immediately be reached for comment.
Quebrada Blanca produced 23 400 t of copper in 2017.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation