Chile’s Antofagasta Region, 1,500 km north of Santiago
Shareholders:
74% Antofagasta plc, 26% other Chilean investors
Ore Reserves:
9.5 million tonnes @ 1.35% copper
Mineral Resources:
42.8 million tonnes @ 2.27% copper
Figures as of December 2009
Michilla is a sulphide and oxide deposit located in Chile’s Antofagasta Region, 1,500 km north of Santiago. It produces copper cathodes using a heapleach and solvent-extraction electro-winning process.
Michilla has approved an extension of its mine plan through to 2012 with expected production of 40,000 tonnes in 2010.
