The Full Spectrum of News.
Published loading...Updated

Lundin mining announces South America's largest copper discovery in 30 years

  • Lundin Mining and BHP Group announced a major copper find at the Filo del Sol project on the Argentina-Chile border, marking the most significant copper discovery in South America in the past three decades.
  • BHP acquired Filo Corp last year in a US$3 billion deal with Lundin to gain control of the Filo del Sol and Josemara copper projects.
  • Recent drilling and analysis have identified measured and indicated resources amounting to approximately 13 million tonnes of copper, alongside substantial quantities of gold and silver.
  • CEO Jack Lundin described the find as among the most important copper deposits identified in the last three decades, emphasizing the sulphide core containing 606 million tonnes with a copper-equivalent grade of 1.14%.
  • Developing the project will require multibillion-dollar investment and years of work, reflecting wider industry challenges amid rising costs and growing copper demand for energy transition.
Insights by Ground AI
Does this summary seem wrong?

41 Articles

All
Left
1
Center
1
Right
5
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 71% of the sources lean Right
71% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Infobae broke the news in Buenos Aires, Argentina on Sunday, May 4, 2025.
Sources are mostly out of (0)