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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.
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While large-scale copper mining has been in operation in Chile for a long time, Argentina still plays a minor role in the industry. Projects are promising, but the start is still pending. A visit to the province of San Juan.

·Zürich, Switzerland
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The mining company Vicuña, a society formed in equal parts by the Canadian Lundin Mining and the Australian BHP, announced that its projects Filo del Sol and Josemaría concentrate more than 12 million tons of measured copper, together with tens of millions of ounces of gold and silver. In addition, it indicated that this implies that the deposit is among the top ten in the world. By means of a statement, the company reported that, according to n…

·Buenos Aires, Argentina
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The miner Vicuña, belonging to the Canadian Lundin Mining in conjunction with the Australian ...

·Chile
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Infobae broke the news in Buenos Aires, Argentina on Sunday, May 4, 2025.
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