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Collahuasi’s copper mineral resources increased by 40%

July 30, 2010 - 15:44 GMT Location: São Paulo

KEYWORDS: Collahuasi , Chile , copper , Xstrata , Anglo American

Collahuasi, Chile’s third-largest copper producer, increased its mineral resources by 40%, or over 2 billion tonnes, on new drilling results, modelling changes and adjustments to metal price assumptions

The new measured, indicated and inferred resource estimate totals 7.09 billion tonnes at an average grade of 0.82% copper, which represents 58 million tonnes of contained copper metal, the company said. Mining reserves have increased by 315 million tonnes...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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