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.
41 Articles
41 Articles
Lundin and BHP Announce Argentina’s Largest Copper Discovery in 30 Years
According to Lundin Mining’s statement, the Vicuña joint venture confirmed Argentina’s largest copper discovery in three decades at Filo del Sol. The project spans two adjacent deposits, Filo del Sol and Josemaría, straddling the Argentina–Chile border. Lundin and BHP each hold a 50% stake after BHP acquired Filo Corp. for US$3 billion last year. Measured […]
Lundin mining announces South America's largest copper discovery in 30 years
Lundin Mining Corp, in partnership with BHP Group, has revealed the largest copper discovery in three decades at its Filo del Sol project in South America. The undeveloped mine, located along the Argentina-Chile border, is estimated to contain at least 13 million tons of copper, along with significant gold and silver deposits. The discovery is based on new drilling results and ongoing analysis, with further exploration likely to expand the depos…
Reportage from San Juan: Argentina wants to become the world's top copper producers
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.


Find one of the largest copper, gold and silver deposits in the world between Argentina and Chile
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…
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