Market Survey on Copper - Indian Bureau of Mines
Market Survey on Copper - Indian Bureau of Mines
Market Survey on Copper - Indian Bureau of Mines
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un<strong>of</strong>f and seepage, and from the low-grade stockpiles as well as general run<strong>of</strong>f. An<br />
appropriate method for removing any dissolved metals is being researched and<br />
implemented.<br />
Mine Producti<strong>on</strong><br />
Antamina is noted for the high variability in the c<strong>on</strong>tents <strong>of</strong> individual metals in<br />
its ores. Thus in 2004, the mine came into an area <strong>of</strong> higher copper and molybdenum<br />
grades, with less zinc than in 2003. Metal producti<strong>on</strong> during for 2004 was 362,100t <strong>of</strong><br />
copper, 190,100t <strong>of</strong> zinc and 3,600t <strong>of</strong> molybdenum.<br />
In calendar 2005, a total <strong>of</strong> 30.1Mt <strong>of</strong> sulphide ore was processed, at average<br />
grades <strong>of</strong> 1.36% copper and 1.15% zinc. This involved the movement <strong>of</strong> 128Mt <strong>of</strong><br />
material in total, and led to the producti<strong>on</strong> <strong>of</strong> 361,500t <strong>of</strong> copper, 156,100t <strong>of</strong> zinc,<br />
9.1Moz <strong>of</strong> silver and 6,720t <strong>of</strong> molybdenum. In 2004, the mine came into an area <strong>of</strong><br />
higher copper and molybdenum grades, with less zinc than in 2003.<br />
In 2006, ore producti<strong>on</strong> dropped by around 8% as a result <strong>of</strong> the need to use<br />
l<strong>on</strong>ger haulage distances than had been originally planned. In additi<strong>on</strong>, although the<br />
total c<strong>on</strong>centrator throughput remained much the same as 2005, its relative<br />
compositi<strong>on</strong> showed some changes.<br />
Zinc c<strong>on</strong>centrate producti<strong>on</strong> fell by around 15% due to a lower grade feed and<br />
harder rock forced a drop in the throughput for copper-zinc ores, although this was<br />
<strong>of</strong>fset by higher milling-rates for copper-<strong>on</strong>ly ore.<br />
In total, 2006 saw the producti<strong>on</strong> <strong>of</strong> 384,200t <strong>of</strong> copper, 156,100t <strong>of</strong> zinc and<br />
7,730t molybdenum, from 30.25Mt <strong>of</strong> ore. <strong>Copper</strong> and molybdenum head grades<br />
together with copper recovery rates have shown slight improvements year <strong>on</strong> year.<br />
Sales volumes <strong>of</strong> both these metals increased, benefiting from str<strong>on</strong>g commodity<br />
pricing in 2006 with improved recoveries – some 8% higher than that in the previous<br />
year – helping to drive molybdenum sales up by nearly 10%.<br />
However, 2007 has seen lower-grade ore cause a decrease in the mine's copper<br />
output; with the price <strong>of</strong> this metal having rallied by 25% over the year, it is planned<br />
to focus heavily <strong>on</strong> the producti<strong>on</strong> <strong>of</strong> copper from October through to the start <strong>of</strong><br />
2008.<br />
In 2009, approximately 11.3Mt <strong>of</strong> zinc ore was processed at Antamina, an<br />
increase <strong>of</strong> 10% over the previous year. Approximately 35Mt <strong>of</strong> ore and 370Kt <strong>of</strong><br />
c<strong>on</strong>centrate copper were produced during the same year. Producti<strong>on</strong> <strong>of</strong> zinc metal in<br />
c<strong>on</strong>centrate was 154,000t, an increase <strong>of</strong> 31% over 2008.<br />
7. Minera Los Pelambres <strong>Copper</strong> Mine, Chile<br />
The Los Pelambres deposit, located 200km north <strong>of</strong> Santiago and 45km east <strong>of</strong><br />
Salamanca in Choapa Province, was discovered by <strong>on</strong>e <strong>of</strong> Chilean copper's founding<br />
fathers, William Braden,in the 1920s. Today's project, the world's fifth-largest copper<br />
mine, was started by Ant<strong>of</strong>agasta Holdings in the 1990s.<br />
182<br />
C<strong>on</strong>td…..