Asset Report

Cerro Negro Norte iron ore mine

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13 April 2018

Cerro Negro Norte iron ore mine

Report summary

Cerro Negro Norte is a mid-sized mine in the Atacama region of Chile, situated approximately 700 kilometres north of Santiago and near the city of Copiapó. It is majority owned by the vertically integrated Chilean steel producer Compañía de Acero del Pacífico (CAP) and operated by an owned subsidiary, Compañía Minera del Pacífico (CMP). Due to the lack of water in the area, CAP has been forced to build a desalination plant and pump water back to the mine site, so that the ore can be processed and beneficiated. This has not only lifted the operating cost of the project but has also added an additional layer of technical difficulty to the mine's operations.

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
    • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 13 images and tables including:

  • Key facts: Table 1
  • Detailed map
  • Participants (%)
  • Marketable reserves (at 01/01/2018)
  • Production
  • Production
  • Infrastructure
  • Cash costs (US$/tonne)
  • Cash cost
  • Capital costs (US$ million)
  • Product quality
  • Economic assumptions
  • Operations: Table 1

What's included

This report contains:

  • Document

    Cerro Negro Norte.xls

    XLS 217.00 KB

  • Document

    Cerro Negro Norte iron ore mine

    PDF 609.93 KB