Candelaria

Chile· AtacamaProduction
Contained Copper
15.0 Mt
Average Grade
0.54%
Deposit Type
IOCG — Hematite-dominant
Discovery Year
1985

Overview

Major IOCG deposit in the Punta del Cobre district of the Chilean Iron Belt.

Geological Context

Host Rock: Andesite and diorite (Early Cretaceous)

Tectonic Setting: Back-arc basin

Geological Province: Chilean Iron Belt

Metallogenic Belt: Punta del Cobre IOCG Belt

Resources & Operations

Operator: Lundin Mining

Mining Method: Open Pit

Production Start: 1994

Data Provenance

Source: Lundin Mining reports

Last Verified: 2026-01-15