Page 18 - js expolaratıon
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Examples of Porphyry Copper Mines
                                            Today 50-60% of copper and 95% of molybdenum production are from
                                            porphyry mineralisation.

                                            Chuquicamata  Mine,  looking  across  the  pit  1993  through  the
                                            characteristic dust haze
                                            Chuquicamata, Atacama, Chile
                                            Some 1500km north of Santiago, Chuquicamata is located in the high
                                            plain of the Atacama Desert, one of the driest places on earth.
                                            For  many  years  the  world’s  largest  copper  mine,  Chuquicamata  has
                                            been in production continuously since 1910. Now owned and operated by
                                            the state-owned miner Codelco, Chuquicamata may have contained as
                                            much  as  9000  million  tonnes  of  ore  and  reserves  and  has  produced
                                            500,000 tonnes of copper and over 10,000 tonnes of molybdenum. Plans
                                            are  now  to  extend  the  life  of  the  operation  by  starting  underground
                                            mining operations from 2015.
                 The nearby, and geologically similar, Escondida mine is now the world’s largest copper producer.
                 Grasberg, Irian Jaya, Indonesia
                 The enormous and remote Grasberg mine, is located in the western half of the island of Papua New
                 Guinea, in the Indonesian province or Irian Jaya. The operation has developed from the ground up with
                 all  facilities,  including  transport  links  and  town  infrastructure  being  built  by  the  American  owner
                 Freeport McMorran Copper and Gold (67%) and Rio Tinto (13%).
                 Grasberg is the world’s largest gold mine and third largest copper mine. It was originally discovered by
                 geologists looking for the source of the rich alluvial gold deposits in the lowlands of Irian Jaya. Reserves
                 are estimated to include 2.8 billion tonnes of ore with grades of 1.1% copper 1.04 g/t gold 3.87g/t Ag
                 The series of porphyry ore bodies with sulphide-rich skarn mineralization at the margins. Chalcopyrite
                 is the dominant copper mineral, with three intrusive stages of mineralization identified.
                 The main pit is now a mile wide, and current operations are being extended underground as the open pit
                 reaches the end of life. An extensive underground mine 400m below the pit bottom is being developed
                 using block caving techniques.

                 Bougainville Copper Ltd, Papua New Guinea looking across the
                 pit – 1986

                 Bougainville Copper Ltd., Papua New Guinea
                 Once the world’s largest copper mine Bougainville has been
                 closed  since  1989,  when  a  local  insurrection  drove  out  the
                 Australian-based mining operation. However, the company is
                 still listed on the Australian stock exchange, and in 2012 Annual
                 Report the company claimed that they are in on-going talks to
                 reopen the mine.
                 The  civil  war  killed  10-15,000  mainly  local  people,  and
                 destroyed not only the mine and all it’s equipment but also the
                 mine’s milling plant, deep-water port and the company towns of Panguna and Arawa. BCL predicts that
                 it  would  take  $2.5million  to  re-open  Panguna  mine  site,  including  providing  a  power  station,
                 infrastructure and tailings options Mine life 24 years producing 60 million tonnes ore annually, 180,000
                 tonnes copper 580,000 oz gold. Environment damage to the Jabiru River from mine tailings is one of the
                 many points of contentions with the local mine owners.
                 Epithermal Gold Deposits


                 Epithermal gold deposits are among the richest gold deposits in the world with some bonanza grade ore
                 shoots containing more than 1000 g/t gold, or in other words, a kilogram of gold for every tonne of rock



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