FACTBOX-Chile copper mines, ports recover from quake

Mon Mar 1, 2010 2:53pm EST

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 March 1 (Reuters) -  Chile's mines reopened Monday while its seaports
struggled to get back to normal in the wake of Saturday's massive earthquake
which disrupted power supply and shut nearly a quarter of the top copper
producer's output.
 Both of the Latin American country's refineries remained shut. Still,
despite huge damage to electricity installations, the country's top power
provider said Monday it was able to meet demand.
 Copper futures jumped to their highest in more than five weeks on Monday
but trimmed some of their gains as the mines reopened.
 Following are details in the aftermath of the quake, which struck early
Saturday 70 miles (115 km) northeast of Concepcion and about 200 miles (320 km)
south of Santiago.
 For a full story see: [ID:nN01130418]
 For a map showing the epicenter, click here
 Mines producing over 1.2 million tonnes a year -- nearly a quarter of the
country's total 5.4 million tonnes last year -- shut because of the quake, but
production started to recover on Sunday despite erratic power supplies and got
back to normal on Monday.
 * The two biggest mines in the far north -- Escondida, Chuquicamata and
Collahuasi, which together produce a third of Chile's copper -- were not
affected. A union leader said transport between Escondida and port facilities
was not disrupted.
 * Xstrata XTA.L and BHP Billiton (BHP.AX)XTA.L said all their
operations were running normally. [ID:nN27187266]
 * State miner Codelco's El Teniente complex was operating again on Sunday.
 * Anglo-American (AAL.L) said its Los Bronces, El Soldado and Mantoverde
mines -- which produced 341,300 tonnes or half the company's copper output last
year -- had resumed activity. It also restarted operations at the 137,700 tpy
Chagres smelter. [ID:nN01239192]
 * Operations at Antofagasta's (ANTO.L) flagship Los Pelambres mine resumed
on Sunday after the quake temporarily disrupted power supplies and the company
said it did not expect further disruption at the site. Its mines in the north
were not affected. [ID:nLDE6200PQ]
 * Freeport McMoRan Copper & Gold Inc (FCX.N) was resuming normal production
at its Candelaria mine although power supply problems persisted. [ID:nWEN1000]
 * Chile's top electricity provider Transelec said Monday it would be able
to meet power demand despite damages to installations after a massive
earthquake that cut supplies in swathes of the country.
 * State energy firm ENAP shut down ts 116,000 barrel-per-day (bpd) Bio Bio
oil refinery, which is located just north of the city of Concepcion, as well as
its roughly 100,000 bpd Aconcagua refinery near the capital.
 * Mining Minister Santiago Gonzalez told Reuters officials were trying to
assess structural damage to Bio Bio. ENAP said it was increasing diesel imports
to meet demand. It said it had sufficient gasoline stocks to last two weeks and
diesel stocks for 10 days. [ID:nN27177467]
 * BG (BG.L) said the Quintero LNG terminal was not damaged by the quake.
 * The newly-completed Mejillones LNG terminal in northern Chile was
unaffected by the quake, a GDF spokesman said.
 Smaller miners reported little effect.
 * Barrick Gold Corp (ABX.TO), Kinross Gold Corp (K.TO) and Breakwater
BWR.TO said their mines had not been affected. Teck Resources Ltd (TCKb.TO)
said the quake had not impacted its Andacollo and Quebrada mines, though they
could still be hit by power supply restrictions. Yamana Gold Inc (YRI.TO) says
El Penon operations not seriously impacted.
 * The Chilean copper-exporting port of San Antonio set to resume operations
at 1500 GMT. [ID:nN01241664]
 * Key copper-exporting ports of Antofagasta and Mejillones in the north
were operating normally.
 * Steelmaker CAP CAP.SN closes southern unit due to damage.
 Here is an overview of major mines and smelters in Chile:
 Major Mines   Location            Operator        Output   Status
 El Teniente   75km S of Santiago  Codelco        404,000  ops resumed
 Andina        50km NE of Santiago Codelco        210,000  ops suspend
 Los Bronces   65km NE of Santiago Anglo-American 235,000  ops resumed
 El Soldado    132km N of Santiago Anglo-American  50,000  ops resumed
 Los Pelambres 200km NE of SantiagoAntofagasta    310,000  ops resumed
 Candelaria                        FreeportMcMoRan185,000  starting up
 Escondida     far north           BHP Billiton   780,000  ops normal
 Collahuasi    far north           Xstrata/Anglo  435,000  ops normal
 Chuquicamata  far north           Codelco        565,000  ops normal
 Minor Miners Reporting No Impact:
 ** please insert Top News headlines here... **
 Top smelters    Near              Operator       Capacity Status
 Caletones       El Teniente       Codelco        435,000  ops suspend
 Potrerillos                       Codelco        195,000  ops normal
 Altonorte       Antofagasta Port  Xstrata        268,014  n/a      
 Chuquicamata    Chuquicamata      Codelco        590,130  ops normal
 Energy facilities  Location               Operator      Capacity     Status
 BioBio Refinery    N of Conception        ENAP          116,000      shut
 Aconcagua Refinery near Santiago          ENAP          100,000      shut
 Quintero LNG       110km NE of Santiago   BG            2.5 mln Ts unaffected
 Mejillones LNG                            GDF Suez                 unaffected
 * Output as of 2009 from Metals Production Database
(here); Teniente/Andina output as of
2009 from company; Bronces/Soldado output as of 2008 from company Website.
 * Location based on company information, public data
 * Distance best estimate using company data, Google Maps
 (Reporting by Alonso Soto in Santiago and Euan Rocha in Toronto)

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