Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
- Copper
- Molybdenum
- Gold
- Silver
|
Mining Method |
|
Production Start | ... |
Mine Life | 2110 |
The Bagdad mine is a copper-molybdenum mining complex.
The Bagdad operation consists of a concentrator that produces copper and molybdenum concentrate, a SX/EW plant that produce copper cathode and a pressure-leach plant that produce molybdenum concentrate.
In 2023 Bagdad’s fleet was converted of haul trucks to become fully autonomous over the next three years. |
Source:
p. 4,219
Company | Interest | Ownership |
Freeport-McMoRan Inc.
|
100 %
|
Indirect
|
Freeport-McMoRan Bagdad Inc.
(operator)
|
100 %
|
Direct
|
Freeport-McMoRan owns 100% of the Bagdad mine through its wholly-owned subsidiary Freeport Minerals Corp.
Contractors
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Summary:
The Bagdad mine is a porphyry copper deposit containing both sulfide and oxide mineralization. Chalcopyrite and molybdenite are the dominant primary sulfides and are the primary economic minerals in the mine. Chalcocite is the most common secondary copper sulfide mineral, and the predominant oxide copper minerals are chrysocolla, malachite and azurite.
Summary:
Bagdad mine is an open-pit copper and molybdenum mining complex that has been in continuous operations since 1945 and prior mining was conducted through underground workings.
Copper ore bearing rock is drilled, blasted in the open pit, and then transported by haul trucks to heap leach pads and overburden deposition areas.
The available mining fleet consists of thirty-five 235-metric-ton haul trucks loaded by 8 electric shovels with bucket sizes ranging from 30 to 48 cubic meters, which are capable of moving an average of 236,000 metric tons of material per day.
In 2023 Bagdad’s fleet was converted of haul trucks to become fully autonomous over the next three years.
Bagdad is located in a desert environment with rainfall averaging 15 inches per year. The highest bench elevation is 1,250 meters above sea level and the ultimate pit bottom is expected to be 120 meters above sea level.
Source:
Summary:
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Source:
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Reserves at December 31, 2023:
Mineral Reserves Cut-off grades are: Mill - 0.15% CuEq, ROM leach - 0.06% CuEq.
Mineral Resources Cut-off grades are: Mill - 0.11% CuEq, ROM leach - 0.05% CuEq.
Category | OreType | Tonnage | Commodity | Grade | Contained Metal | Recoverable Metal |
Proven & Probable
|
ROM leach
|
20 Mt
|
Copper
|
0.27 %
|
B lbs
|
0.1 B lbs
|
Proven & Probable
|
Sulphide
|
2,453 Mt
|
Copper
|
0.35 %
|
B lbs
|
15.8 B lbs
|
Proven & Probable
|
Sulphide
|
2,453 Mt
|
Molybdenum
|
0.02 %
|
B lbs
|
0.89 B lbs
|
Proven & Probable
|
Sulphide
|
2,453 Mt
|
Gold
|
|
M oz
|
0.2 M oz
|
Proven & Probable
|
Sulphide
|
2,453 Mt
|
Silver
|
1.43 g/t
|
M oz
|
55.5 M oz
|
Total Resource
|
ROM leach
|
19 Mt
|
Copper
|
0.08 %
|
|
|
Total Resource
|
Sulphide
|
1,572 Mt
|
Copper
|
0.24 %
|
8.3 B lbs
|
|
Total Resource
|
Sulphide
|
1,572 Mt
|
Molybdenum
|
0.02 %
|
0.63 B lbs
|
|
Total Resource
|
Sulphide
|
1,572 Mt
|
Gold
|
|
0.1 M oz
|
|
Total Resource
|
Sulphide
|
1,572 Mt
|
Silver
|
0.99 g/t
|
50.1 M oz
|
|
Financials:
| Units | 2019 | 2018 | 2017 |
Capital expenditures
|
M USD
|
......
|
39
|
12
|
Operating Income
|
M USD
|
......
|
185
|
143
|
Corporate Filings & Presentations:
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