Las Bambas copper output pegged at 400,000t in 2025
The Chalcobamba pit mine, part of Las Bambas, would play a key role in output this year.
Finning International’s South American division has received a Letter of Intent (LoI) from Codelco that includes the supply of 20 Caterpillar 797 mining trucks and 15 pieces of support equipment, plus a ten-year maintenance and repair contract. The approximate value of the deal, including the maintenance services, is $400 million. The equipment will be delivered in the first half of 2011 to Codelco’s Ministro Hales copper mine, located in northern Chile’s Atacama Desert, which has estimated reserves of 219 Mt. (more…)
