World Class Potential
Condor Blanco Mines Ltd ("Condor Mines") holds exploration investments in high growth mining and exploration opportunities in the Maricunga Belt of the Atacama Region of Northern Chile, South America.
Condor Mines' shares in the regional strengths of this exceptional mineral rich province. Our exploration tenements are surrounded by existing world class copper and gold discoveries and mines operated by some of the top global mining organisations including RTZ, Codelco, BHP, Freeport-McMoRan, Xstrata. Antofagasta Minerals, Barrick, Anglo American, Kinross and many others.
Mining in Chile
Chile ranks among the world's leading mining nations, producing over a third of the global copper output and a large number of other minerals.
Progressive legislation and a healthy investment environment have made Chile the mining capital of Latin America. Today, the domestic mining industry is a key contributor to the nation's GDP. Apart from copper, Chile's mineral products include: gold, silver, molybdenum, zinc, iron ore, lithium, nitrates and coal, among others.
The primary mining regions of Chile are the northern deserts and the Andean Cordillera, which host some of the largest copper and molybdenum reserves in the world and the biggest open-pit mining operations.
The Escondida mine in the northern Atacama Desert is the world's largest open-pit copper mining operation and the single-largest contributor to the nation's copper production. Codelco, the national
copper corporation, for many years the largest copper producer in the world, over taken by Escondida.
The Atacama Region
The regional economy has a strong dependency on mining which represents about the 45.4% of the regional GDP. Mining represents more than 83% of the regional exports and the main exported products are copper cathodes, copper concentrates, silver and gold.
The mines located in the region are Candelaria Mine (Freeport MacMoran), El Salvador (Codelco), and Paipote Smelter (Enami).