Ten biggest producing underground mines in South and Central America in 2020
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Ten biggest producing underground mines in South and Central America in 2020

By Carmen 14 Sep 2021

Here are the ten largest underground mining projects by production in South and Central America in 2020, according to GlobalData’s mining database.

1. 21 de Mayo Project

The 21 de Mayo Project is a copper mining project in Elqui, Chile. The brownfield project is owned by Compania Minera San Geronimo and is due to operate until 2027. The mine produced an estimated 65.015Mt of ROM in 2020. It had an estimated production of 305.44 thousand tonnes of copper in 2020.

2. El Teniente Mine

The El Teniente Mine is a copper mine owned by Corporacion Nacional del Cobre de Chile. Located in Cachapoal, Chile, the brownfield mine produced approximately 55.728Mt of ROM in 2020. It had an estimated production of 443.22 thousand tonnes of copper in 2020.

3. Chuquicamata Mine

Located in Antofagasta, Chile, the Chuquicamata Mine is a copper mining project owned by Corporacion Nacional del Cobre de Chile. The mine is expected to operate until 2058.

The brownfield mine produced an estimated 54.792Mt of ROM in 2020. It had an estimated production of 400.72 thousand tonnes of copper in the same year.

4. Retamas Mine

The Retamas Mine is a gold mine located in La Libertad, Peru. Owned by Minera Aurifera Retamas, the greenfield project produced an estimated 7.562Mt of ROM in 2020.

The mine had an estimated production of 151.233 thousand ounces of gold in 2020.

5. Cerro Lindo Mine

Owned by Votorantim, the Cerro Lindo Mine is a zinc mine situated in Ica, Peru. The mine is expected to operate until 2029.

The ROM production at the mine produced was approximately 6.131Mt of ROM in 2020. It had an estimated production of 109.074 thousand tonnes of zinc in 2020.

6. Dacita Project

The Dacita Project is a copper mining project in Cachapoal, Chile. The greenfield project is owned by Corporacion Nacional del Cobre de Chile and is due to operate until 2029. The mine produced an estimated 5.17Mt of ROM in 2020. It had an estimated production of 12.849 thousand tonnes of copper in 2020.

7. Pacifico Superior Project

The Pacifico Superior Project is a copper mine owned by Corporacion Nacional del Cobre de Chile. Located in Cachapoal, Chile, the greenfield mine produced approximately 3.661Mt of ROM in 2020. It had an estimated production of 31.964 thousand tonnes of copper in 2020. The expected mine closure date is 2024.

8. San Julian Project

Located in Chihuahua, Mexico, the San Julian Project is a silver mining project owned by Industrias Penoles SAB de CV. The mine is expected to operate until 2023.

The greenfield mine produced an estimated 3.63Mt of ROM in 2020. It had an estimated production of 13,306 thousand ounces of silver in the same year.

9. Marcapunta Norte Mine

The Marcapunta Norte Mine is a copper mine located in Pasco, Peru. Owned by Compania De Minas Buenaventura SAA, the brownfield project produced an estimated 2.918Mt of ROM in 2020.

The mine had an estimated production of 30.038 thousand tonnes of copper in 2020.

10. Saucito Mine

Owned by Industrias Penoles SAB de CV, the Saucito Mine is a gold mine situated in Zacatecas, Mexico. The mine is expected to operate until 2024.

The ROM production at the mine produced was approximately 2.883Mt of ROM in 2020. It had an estimated production of 84.878 thousand ounces of gold in 2020.

Methodology:
This information is drawn from GlobalData’s mines and projects database, which tracks all operating and developing mines and projects globally. Verdict’s parent company GlobalData provides business information to 4,000 of the world’s largest companies.

Carmen

Carmen is a robot, or rather an algorithmic journalist, who creates valuable automated content for our audiences. Carmen's focus is to deliver deep, fact-based articles and to free up our human journalists to interpret, analyse and explain developments.