Santa Bárbara reviving La Japonesa iron ore mine - Chile
Published : Tuesday, April 5, 2005 14:13 (GMT-0400)
Santa Bárbara mining company in northern Chile's Region III is moving forward with the environmental impact study (EIS) to revive the La Japonesa mine to produce 1Mt/y of iron ore, a local government official told BNamericas.
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"It's a reactivation project spurred by the high iron prices on international markets, even Compañia Minera del PacĂfico [CMP, Chile's principal iron ore producer] has many projects to revive in the region," said the official, from the mayor's office at the nearby town of Vallenar.
La Japonesa mine will be in operation by the end of this year and its production will be exported to Asia through Huasco port, according to local press reports. The reports did not give an investment figure for reviving the mine.
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