Chile's mining industry & economy

Chile

South American / Latin American

Strip shaped Long Coastal Line More states to area ratio Highly Blessed with natural

resources Huge economic potential Big Mining Industry Located on fault zone Contains mountains and

deserts Spanish speaking Christianity followers

MINING in CHILE

IntroductionMajor MineralsMajor Mines & ProjectsMajor CompaniesTypes of MiningMine MachineryProblems in MiningMining & EconomyConclusion

INTRODUCTION

What is Mining?? How is it done? Why is it necessary? Its advantages? Dis-advantages? What it worth's?

MINERALS & LOCATION

MINERALS & LOCATION

MAJOR MINERALS

Stats from 2008

MAJOR MINERALS

Minerals Rank %age Share Uses

Copper 1st 40% Wires, Electrodes, Cooking apparatus

Arsenic 2nd 21% Insecticides, Pesticides, Alloys

Iodine 1st 60% Salt, Medicine, Sterilizing agent

Boron 3rd 19% Medicine, Food preservative

Silver 5th 6% Pots, Jewelry, Coins, Medicine

Pumicite & Selenium

6th - Concrete, Cement, Polishes, Erasers

Molybdenum 3rd - Heat resistant, manufacturing in Industries

Iron - - Steel, Pipes, Mechanical Structures

Gold Among top 10 19% Jewelry, Medicine, Electroplating, Religion, Dentistry, Catalysts.

OTHER MINERALS Platinum Titanium Manganese Nitrates Sulfates Feldspar Gypsum Lithium Clays

MAJOR MINES & PROJECTS

MAJOR COPPER MINES

Candelabra mine Chuquicamata Collahuasi mine El Abra mine El Morro mine El Salvador mine El Teniente Escondida Esperanza mine

Inca de Oro mine Los Bronces mine Los Pelambres mine Mantos Blancos mine Mantoverde mine Radomiro Tomic mine San José Mine

MAJOR COPPER MINES

El Abra mine

El Teniente Mantos Blancos mine

MAJOR GOLD MINES Candelaria Mine Cerro Cassel mine El Indio Gold Belt El Morro mine El pennon mine Lobo-Marti mine Madre de Dios mine Maricunga Gold mine Pascua Lama mine San Jose mine

MAJOR GOLD MINES

El Indio Gold Belt

Maricunga Gold mine Candelaria Mine

COAL MINES Catamutún El Chiflón del Diablo

Mina Invierno

SILVER MINES Arqueros

Candelaria mine

Chañarcillo

OTHERS Titanium Mine (Cerro Blanco mine)

Zinc Mine (El Toqui mine )

MAJOR COMPANIES(International)

Anglo American(United Kingdom)Barrick Gold(Canada)BHP Billiton(United Kingdom &

Australia)Newmont Rio Tinto(United Kingdom &

Australia)Xstrata (Switzerland)

MAJOR COMPANIES(Domestic)

CODELCO (World’s largest producer of Copper)

Kinross(Owns two major Gold mines in Chile)

Antofagasta

TYPES OF MINESSurface Mines

Pascua Lama

Mina Invierno

Chuquicamata

TYPES OF MINES

San José Mine

Compañía Minera San Esteban Primera

Underground Mines

TYPES OF MINES

Solution Mines

Iodine being mined

Gypsum Mining Borates being mined

MINE MECHINARY

Hydraulic excavators Compressor and jack hammer

Loaders Loader back hoe

Skid steel loader roller

graders tractor

Wheeled pavers Lift tracks

bulldozers

EXPLORER, WASH PLANTS, GRAVITY SEPARATION PLANTS, PORTABLE PLANTS

DRY MINING, DRY PROCESSING PLANT AND MACHINERY

SUPERMINER WASH PLANTS, GRAVITY SEPARATION PLANTS, PORTABLE PLANTS

PORTABLE CRUSHING, SCREENING, GRINDING PLANTS

DUAL FLOW ROTARY DRYERS

SEMI STATIONARY GRAVITY SEPARATION PLANTS (WASH PLANTS)

STATIONARY CRUSHING & GRINDING PLANTS

MAGNETIC SEPARATORS, ELECTRO MAGNETIC MINERALS SEPARATORS, MINING EQUIPMENT SEPARATORS

JAW CRUSHERS DREDGING PLANTS

HOPPERS & FEEDERS STATIONS

FLOATING PLANTS

BALL MILL, GRINDING MILL JIG SEPARATORS, JIG

CONCENTRATORS

Blasting MachineDrilling Machine

PROBLEMS in MINING

Located along Fault zone Depleting Resources Too much dependability Mine Accidents Earthquakes

Punitaqui October 15, 1997 01:03 7.1 MW VIII[citation needed] 56 30.773°S 71.315°W

8[citation needed]

Near coast of northern Chile

January 30, 1998 12:16 (UTC) 7.1 M? VII 42 23.910°S 70.200°W

1Minor damage to older buildings.

Chile-Argentina border region

June 18, 2002 6.6 M?

Near coast of central Chile

June 20, 2003 9:30 6.8 M? VI 12.8 30.520°S 71.420°W

Felt in Buenos Aires, Argentina.

Biobío May 3, 2004 00:36 6.6 MW VI 21 37.649°S 73.439°W

Minor damage and power outages occurred at Cañete.

Tarapacá June 13, 2005 18:44 7.8 MW VII 108/117.219.895°S 69.125°W/ 19.934°S 69.028°W

11Felt as far away as Santiago, Chile and Brasília, Brazil.

TocopillaNovember 14, 2007

12:40 7.7 MW VIII 47.7/4022.314°S 70.078°W/ 22.204°S 69.869°W

2Felt at São Paulo, Brazil.

AntofagastaDecember 16, 2007

5:09 6.7 MW VI 57.8 22.914°S 70.060°W

0

Disrupted power and telecommunications throughout the epicentral area from Antofagasta to Iquique.

TarapacáFebruary 4, 2008

14:01 6.3 MW V 32.3 20.123°S 70.000°W

PapudoDecember 18, 2008

18:19 6.3[5]/5.9[6] MW/ML V[6] 24.8[6]/35[5]

32.416°S 71.533°W[5]/ 32°28′33″S 71°54′0″W[6]

0[citation needed]

Offshore Tarapacá

November 13, 2009

00:05 6.5 MW V 28 19.385°S 70.266°W

0[citation needed]Felt in Peru and Bolivia.

Drake Passage

January 17, 2010

8:00 6.3[7] MW 10[7]57.6713°S 65.9097°W[7]

0[citation needed]

Offshore Maule/Biobío

February 27, 2010

03:34 8.8 MW IX 30/3536.290°S 73.239°W/ 35.909°S 72.733°W

525Destructive tsunami.

PichilemuMarch 11, 2010

11:39 6.9[8][9] MW VII[8][9] 11[9]/33.1[8]

34.259°S 71.929°W[9]/ 34°18′3″S 72°7′47″W[8]

1[10]

AraucaníaJanuary 2, 2011

17:20 7.1[11]/6.9[12] MW/ML VI[12][11] 25.1[11]/32.1[12]

38.354°S 73.275°W[11]/ 38°21′43″S75°1′55″W[12]

0[citation needed]

TalcaMarch 25, 2012

19:37 7.1[13] /7.0[14] MW/MW VII[13]/VIII[14] 34.8[13]/40.7[14]

35.183°S 71.792°W [14]/ 35°12′0″S 72°13′1″W[13]

1[15]

CoquimboOctober 31, 2013

23:03 6.5[16] MW V[16] 10.0[16]30.29°S 71.57°W [16]

Iquique

 Offshore

Tarapacá

April 1, 2014 20:46 8.2 Mw6[17][18][19][20]

MINING as a subject of its ECONOMY 19.2% of Chilean GDP

24% higher if compared to previous year

65% of country’s all exports US$ 67.9 billion freight on Board (FOB) economy is expanding by nearly 6%

annually mining investment to be implemented

is US$66.9 billion Out of 660,ooo jobs, mostly were in

mining sector in last 2 years.

Quick Facts

Population: 17.4 million GDP (PPP): $320.5 billion 5.5% growth in 2012 5-year compound annual growth 3.8% $18,419 per capita Unemployment: 6.5% Inflation (CPI): 3.0% FDI Inflow: $30.3 billion Public Debt: 11.2% of GDP

ECONOMY

Employment

COPPER Importance to Chile 40% of the world’s total

production Largest reserves US$54.3 billion will be spent on

Copper 60% Copper exports among all

COPPER

COPPER

on the decreasing end for the last few months

Expected to grow 40% by the end of 2020.

Chile’s vast array of commoditiesMassive copper expansions take the spotlight.

COPOPERCopper export destination

ECONOMY

ECONOMY

GENERAL IMPACTS OF MINING massive number of jobs Increased capital inflow Greater Investments Increased export capacity Development of local infrastructure Improved lifestyles & living standards Higher tax revenues Therefore, Higher GDP & better

economy.

Conclusion MINING: By far a Big Deal.

“You take Mining out of Chile, you take Chile out of Chile” (Ali Hassan).

ONLY “Relevant & Logical” questions are welcomed???