Overview
Stage | Permitting |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Mine Life | 7 years (as of Jan 1, 2018) |
Exploration success at Candelaria has identified a new surface deposit close to the mill called Española, amenable to open pit mining. Infill and step out drilling and mine planning is underway. Subject to exploitation economics and permitting, the target is to bring Española ore into the mill to further improve the Candelaria production profile in the next few years. |
Source:
p. 17
Lundin Mining Corporation holds an indirect 80 percent ownership interest in Candelaria with the remaining 20 percent interest indirectly held by Sumitomo Metal Mining Co.(16%), Ltd and Sumitomo Corporation (4%).
Contractors
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Deposit Type
- Vein / narrow vein
- IOCG
- Manto
Summary:
The Española project is located in the south portion of Candelaria-Punta del Cobre district, 2.5 kilometres southwest from the Candelaria open pit. It occurs in the contact aureole between the Copiapó batholith and sedimentary and volcano-sedimentary rocks of the Chañarcillo Group and the Punta del Cobre Formation in a tectonically depressed block controlled by San Gregorio fault system . The copper mineralization (oxides, sulphides and mixed) is hosted mainly in brown garnet skarn levels and in quartz hornfels in the upper part of the stratigraphic sequence (Abundancia Formation) with mantos characteristic.
The main lithological types on surface are assigned to the Abundancia Formation and were affected by different metamorphic processes during emplacement of the Copiapó batholith. In the eastern portion of the area, there is a fault contact with the volcanic and volcanoclastic rocks of the Punta del Cobre Formation.
The copper-gold sulphide mineralization found at the Candelaria Copper Mining Complex is generally referred to as iron-oxide copper gold (IOCG) mineralization.
In the Española project area, the primary dominant copper sulphide is chalcopyrite found as clustersand in disseminated form commonly associated withbrown garnet porphyroblasts. Gangue minerals are pyrite and iron oxides (magnetite-hematite). Nearthe surface and down to a depth of approximately 70, the mineralization is oxidized, characterized by the presence of chrys ........

Summary:
The Española project is a new addition to the Mineral Reserves in the Candelaria District. The deposit will be exploited using open pit mining methods similar to those currently applied at the Candelaria open pit.
The Española project is considered to contain medium to low grade ore. Its most important contribution to the mining plan will be associated with the replacement of ore from low-grade stockpiles previously scheduled for processing.
The ore extraction rate will be variable. For the purposes of pit optimization, a mining rate of 45 kilotonnes per day was assumed at Española.
Primary loading units in ore and waste will be Caterpillar 6040 and 6020 backhoes.
The current Española project design parameters:
•Bench face angle BFA: 70 degrees.
•Inter-ramp ISA gap angle: 48 degrees.
•Width of BW berm: 8.6metres.
•Bench Height: 16metres.
•Ramp width: 35 metres.
Flow Sheet:
Flow Sheet:
Summary:

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Combined production numbers are reported under
Candelaria Complex
Operational Metrics:
Metrics | |
Stripping / waste ratio
| 2.62 * |
Daily mining rate
| 45 kt * |
Waste tonnes, LOM
| 83,186 kt * |
Ore tonnes mined, LOM
| 28,761 kt * |
Mining scale, tpd
| 45 kt |
* According to 2018 study.
Reserves at June 30, 2020:
La Española open pit Mineral Resource estimates are reported with cut-off grade 0.17% copper.
Mineral Reserves for the Española open pit are estimated at cut-off grades of 0.19% copper.
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
32,702 kt
|
Copper
|
0.42 %
|
136 kt
|
Proven
|
32,702 kt
|
Gold
|
0.09 g/t
|
0.1 M oz
|
Proven
|
32,702 kt
|
Silver
|
0.4 g/t
|
|
Probable
|
25,297 kt
|
Copper
|
0.4 %
|
102 kt
|
Probable
|
25,297 kt
|
Gold
|
0.09 g/t
|
0.1 M oz
|
Probable
|
25,297 kt
|
Silver
|
0.4 g/t
|
|
Proven & Probable
|
58,000 kt
|
Copper
|
0.41 %
|
238 kt
|
Proven & Probable
|
58,000 kt
|
Gold
|
0.09 g/t
|
0.2 M oz
|
Proven & Probable
|
58,000 kt
|
Silver
|
0.4 g/t
|
1 M oz
|
Measured
|
35,695 kt
|
Copper
|
0.41 %
|
147 kt
|
Measured
|
35,695 kt
|
Gold
|
0.09 g/t
|
0.1 M oz
|
Measured
|
35,695 kt
|
Silver
|
0.4 g/t
|
|
Indicated
|
39,697 kt
|
Copper
|
0.39 %
|
155 kt
|
Indicated
|
39,697 kt
|
Gold
|
0.09 g/t
|
0.1 M oz
|
Indicated
|
39,697 kt
|
Silver
|
0.4 g/t
|
|
Inferred
|
17,208 kt
|
Copper
|
0.38 %
|
66 kt
|
Inferred
|
17,208 kt
|
Gold
|
0.09 g/t
|
|
Inferred
|
17,208 kt
|
Silver
|
0.4 g/t
|
|
Commodity Production Costs:
| Commodity | Units | Average |
Assumed price
|
Copper
|
USD
|
2.75 / lb *
|
Assumed price
|
Silver
|
USD
|
15 / oz *
|
Assumed price
|
Gold
|
USD
|
1,000 / oz *
|
* According to 2018 study / presentation.
Operating Costs:
| Units | 2018 |
OP mining costs ($/t mined)
|
USD
| 1.57 * |
Processing costs ($/t milled)
|
USD
| ......  |
* According to 2018 study.
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Corporate Filings & Presentations:
Document | Year |
...................................
|
2020
|
...................................
|
2020
|
...................................
|
2019
|
Technical Report
|
2018
|
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