Coquimbo to handle copper concentrates

In Chile, the Caserones mining project, which is operated by Lumina Copper, part of Pan Pacific Copper Company Limited, has opted to export its copper concentrates via the port of Coquimbo.Terminal Puerto de Coquimbo (TPC) has signed a three- year contract with the producer. New investment will be made in a 6,000m2 warehouse, which is being designed with state-of- the-art environmental protection measures in mind. The first consignments should arrive in the first quarter of 2014.

The choice of Coquimbo is significant, given that the mine is located some 162km to the south east of the city of Copiapó and alternative outlets more specialized in this traffic were available. Consignments will be sent to the port by road once production commences in the first half of 2014.