BASE METALS

Codelco's Radomiro Tomic gets expansion permit

The Radomiro Tomic division of Chile’s state copper miner, Codelco, has received an environmental permit allowing it to extend its operational life until 2030 through a US$882 million investment.

Codelco's Radimiro Tomic operation in Chile

Codelco's Radimiro Tomic operation in Chile

The Environmental Evaluation Commission of Antofagasta region gave a favourable judgement on the environmental impact declaration to extend the life of the hydrometallurgical line and the phase one exploitation of sulphides.

Exploitation of these new resources will extend the operation's life from 2022 until 2030 and will require relocation of the primary crusher to access the new resources. The new project will also entail the use of bioleaching to process low grade resources.

"This is good news for Codelco and for Chile. The continuation of the Radomiro Tomic operations and its sustainable prolongation in the coming years is part of our plan to continue delivering resources to the state," said Codelco executive president Octavio Araneda.

Radimiro Tomic produced 260,653 tonnes of copper in 2020 compared with 266,415t in 2019.

 

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.