Three Projects in Chile’s Atacama Mineral Rich Region Close to Lundin Mining’s Candelaria IOCG Mine
Pan American Gold Equities operates three projects in Chile’s Atacama Region, situated approximately 20 km south of Copiapó at an elevation of 650 m above sea level. These projects are easily accessible through the public road system, with Copiapó being a modern city offering all necessary services and boasting a population of around 170,000. Our employees primarily hail from Copiapó and the surrounding Atacama region. The Atacama airport, serving the region, is well-connected with daily commercial flights from Santiago and other destinations.
Chile’s mining sector is a cornerstone of the country’s economy, with copper exports contributing to over a third of government income. The majority of mining activities are concentrated in the Atacama Region, spanning the expansive Atacama Desert. Chile’s mining portfolio includes copper, gold, silver, molybdenum, iron, and coal. Notably, in 2019, Chile held the title of the world’s largest copper producer, the sixth-largest silver producer, the thirteenth in iron ore production, and a significant contributor to global gold production.