Test Heading
and a description here

Lomas Bayas Data

Lomas Bayas Information

  • General 2015-05-10
    The Lomas Bayas copper mine is in the Atacama Desert of north Chile in the San Cristobal mountains. The mine is at an elevation of 1,500m and lies approximately 110km northeast of the coastal port of Antofagasta. The mine has a workforce of around 390 people. Developed by Westmin Resources Ltd, which spent some $244m on the property, Lomas Bayas was then bought by Boliden before being sold again, this time to Falconbridge, in mid-2001 for $175m. In mid-2006, Xstrata plc bought Falconbridge, with Lomas Bayas now being operated within its copper division. Lomas Bayas is an open pit copper mine and solvent extraction-electrowinning (SX-EW) plant. The mine has a low strip ratio and short hauling distances and will provide between 25 million and 30 million tonnes of ore per year over most of its life. Current resources should sustain operations at Lomas Bayas for 15 years. Copper is contained in fast-leaching, low acid-consuming copper sulphate minerals. Higher grade ore is crushed and heap leached while lower grade ore is sent directly from the mine to dump leach operations. Copper is then recovered from solution by solvent extraction and refined into cathodes at the electrowinning plant. The cathodes are trucked to Antofagasta and shipped to world markets.

Nearby Locations

Nearby Location News

  • Chile regulator approves $19m environment plan at KGHM copper mine 2016-09-27
    Chile's environmental regulator said on Tuesday it has approved a $19.1-million mitigation plan presented by KGHM's Sierra Gorda copper mine, after it found nine infractions at the operation. In March, the SMA environmental regulator pressed charges against Sierra Gorda, saying the copper mine could be fined up to $29-million and have its license revoked, for committing seven "serious" and two "mild" environmental infractions.
  • Anglo to sell two Chile copper mines for up to $500m 2015-08-24
    Diversified miner Anglo American will sell its Anglo American Norte copper asset to an investor consortium led by Audley Capital Advisors for up to $500-million. Norte owned the Mantoverde and Mantos Blancos copper mines in northern Chile. The total consideration payable to Anglo American comprised $300-million in cash and a number of additional future payments of up to $200-million, contingent on factors such as the average LME copper price performance and any future decision to pursue the sulphide life extension of the Mantoverde mine. “The sale of our Norte copper assets to the Audley consortium represents a good outcome for Anglo American, both in terms of the upfront value achieved, the potential upside geared to the copper price and the continued delivery of our asset disposal programme.
  • Sierra Gorda copper mine in Chile begins commercial production 2015-07-01
    Sumitomo Metal Mining (SMM), Japan's second-largest copper producer, said on Wednesday the Sierra Gorda mine in Chile that it owns jointly with Polish producer KGHM Polska Miedz began commercial production at the end of June. The mine had been operating for more than 60 days at 65% of its designed capacity as of the end of last month, six months behind its schedule for establishing commercial output, the company's spokesperson Hirokazu Miyauchi said.
  • Anglo American - sale of Norte copper business 0000-00-00
    Market News alert Anglo American PLC

Lomas Bayas News

  • Production Report 2015 0000-00-00
    Market News alert Glencore PLC

Related News

  • Evolution completes Ernest Henry buy 2016-11-01
    Gold miner Evolution Mining has completed the acquisition of a stake in the Ernest Henry copper-gold mine, in Queensland. Evolution previously agreed to pay diversified miner Glencore A$880-million for a 30% stake in the operation, entitling the company to 100% of the gold production at the mine, subject to an agreed life-of-mine and block model.
  • Glencore restarts Australia coking coal mine, shutters zinc 2016-11-01
    Diversified miner Glencore plans to restart mining activities at the Integra underground coking coal mine, in the Hunter Valley, as the price of metallurgical coal continues to rise. Glencore acquired the Integra mine, then known as Glennies Creek, from major Vale last year. The mine has been on care and maintenance since July 2014.
  • ASX: Completion of Ernest Henry Transaction 2016-10-31
  • Glencore to restart mine 2016-10-11
    Glencore's Collinsville to return to production due to coal market improvements
  • Drill Program to Commence on Ocros Project, Ancash, Peru 2016-10-03

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 3, 2016) - Condor Resources Inc. - ("Condor" or the "Company") (TSX VENTURE:CN) Further to the Company's news release of August 19, 2016, Condor has been advised by Compañia Minera Casapalca S.A. ("Casapalca") that Casapalca have filed their "Iniciación de Actividades" with the Peruvian Ministry of Energy and Mines for the Ocros project. This filing is required prior to commencement of the drill program.

Top Mining News

  • Ecuador approves EIS for Lundin Gold’s Fruta del Norte project

  • Atalaya’s quarterly copper production doubled as Proyecto Riotinto ramp up continues

  • Aucu delivers more high grade results

  • Trevali expands high-grade Santander deposits, makes new hanging-wall discovery

  • Nordgold launches Bouly operation in Burkina Faso

Latest Mining News

  • Suva Ruda drilling update

  • Anglo American Platinum completes sale Rustenburg