March 1, 2010 / 4:21 AM / 7 years ago

FACTBOX-Chile copper mines, ports recover from quake

 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. [ID:nN01251176]
 * 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. [ID:nN01142813]
 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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