Just received this............................................ Santa Bárbara reviving La Japonesa iron ore mine..........
the following is taken from the weekly mining news wrap from BnAmericas-Chile
With the recent hike in international iron ore contracts, miners are taking another look at previously uneconomic deposits. In northern Chile's Region III, local company Santa Bárbara is moving ahead with the environmental impact study to revive the La Japonesa mine to produce 1Mt/y of iron ore. Operations are expected to restart by year-end, although an investment figure was not given.
La Japonesa, whose production is fittingly earmarked for Asian clients, is one of several relatively small-scale iron ore operations in the area dominated by Compañía Minera del Pacífico (CMP), the mining arm of Chilean iron and steel company CAP.
Asian clients ....did I miss this ???????????
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