Andina 244 Mining News

Codelco $7.5 billion Andina mine expansion plan to take about two years

The project is considered key for Codelco, as it is the only one that will allow the state-owned miner to increase production in the coming years.

Codelco delays $6.8 billion mine expansion, reviews impacts on glaciers

The company says its future depends on the Andina mine expansion, as dwindling ore grades in its old mines are expected to bring annual output down.

SLIDESHOW: The giant copper pit Chile is betting the future on

Codelco is gearing up to build one of the world's largest open pit mines high in the Andes to extend its operations through 2085.

The giant copper pit Chile is betting its future on

Since nationalization in July 1971 Codelco has boosted Chile's state coffers by more than $100 billion.

The giant copper pit Chile is betting its future on

Located in Los Andes in the Valparaíso Region of Chile, the existing mine opened in 1970, combining surface (Sur Sur) and underground (Rio Blanco) mining.

The giant copper pit Chile is betting its future on

Central control room at the existing mine. The cost of the Andina 244 project is pegged at $6.8 billion and target date for completion is 2020.

The giant copper pit Chile is betting its future on

The Andina 244 pit will cover 510 hectares to a depth of 800m in the central valley shown on this satellite image. On the immediate right of the existing Codelco pit in this picture is […]

The giant copper pit Chile is betting its future on

The Andina 244 project will extend the life of the mine to 2085 and boost annual production of fine copper at the complex to over 600,000 tonnes

The giant copper pit Chile is betting its future on

Not everything about mining has changed over the last century. At its most basic level open pit mining is still about trucks and shovels

The giant copper pit Chile is betting its future on

The Andina mine lies 80 km north east of the Chilean capital Santiago, more than 3,700m (12,000 feet) above sea-level

The giant copper pit Chile is betting its future on

Codelco prides itself on its diverse workforce, 10% of executives at the company are female and 8% of the overall headcount, above the industry average

The giant copper pit Chile is betting its future on

A prospecting team on a helicopter expedition. The area around the Andina mine continues to be explored

The giant copper pit Chile is betting its future on

Andina workers getting ready for a shift. Chilean mine employees earn an average annual salary of more than $97,000 per year.

The giant copper pit Chile is betting its future on

At the peak of construction activity 18,000 workers will be employed on Andina 244

The giant copper pit Chile is betting its future on

Codelco has launched 1,440 community development projects. This picture is from "Ritualidad Andina, Alto El Loa" a photographic collection by Claudio Pérez of Andean life and rituals sponsored by the company NEXT SLIDE BACK TO […]

The giant copper pit Chile is betting its future on

Another picture from "Ritualidad Andina, Alto El Loa" a photographic collection by Claudio Pérez of Andean life and rituals sponsored by Codelco. Codelco is involved with 191 social organizations across Chile NEXT SLIDE BACK TO […]

The giant copper pit Chile is betting the future on

Opponents of Andina 244 focus on the impact of the project on glaciers and water resources in the region. Codelco says only 6 rock glaciers and 37 hectares will be affected by the new pit […]