At Worldwide Power Products (http://www.wpowerproducts.com), we specialize in power generation equipment including new and used engines and generator sets.
While other minerals like gold, silver, and aluminum are also mined in Chile, copper is the main attraction. At Worldwide Power Products, we are proud to offer highest caliber diesel generator sets used for mining process and can help you choose the right unit for your needs and obtain financing. Contact us today.
1. The Role of Generators in Mining
Chilean Copper
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2. » Approximately one-third of the Chilean government’s revenue
comes from the country’s copper mines, according to
National Geographic.
The country holds nearly one-quarter of the world’s copper
reserves. While other minerals like gold, silver, and aluminum
are also mined in Chile, copper is the main attraction.
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3. » In 2010, Chile produced 5390 metric tons of copper, a slight
increase from 2009 production. Much of Chile’s copper is mined
by the national copper mining company, Codelco; international
firms account for some copper production. In 2011, Chile earned
over $40 billion from the mining industry as a whole and
employed approximately 610,000 people directly and indirectly.
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4. » Because mines are often in remote sites, they often access to
natural gas pipelines or electric grids. Generators provide most of
the mines’ operating power. In fact, diesel generators provide
approximately 72 percent of power at mining sites, helping power
drills, excavators, and shovels. Diesel is a favored fuel in the
mining industry because it’s less volatile than natural gas.
Without generator power, miners
would have to perform more of
the difficult labor by hand. Not
only would mining take longer,
the supply and demand of these
resources would become much
more challenging.
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5. » At Worldwide Power Products, we supply generators to mining
companies in Chile and throughout South America. We offer a
large inventory of both new and used generators, and are even
able to help set up financing on the global market.
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6. » Relatively recent discoveries of copper deposits at Sur, near the
Chilean capital of Santiago, could hold approximately
2.1 billion tons of copper ore, according to British mining
conglomerate Anglo American. Through a 1978 deal, national
firm Codelco gets the opportunity to exercise buy-in rights to
Anglo American’s Chilean mining sites every three years.
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7. » In October 2011, Codelco decided to buy in; however, executives
low balled their offer, discounting the large Sur deposits. Not
willing to let profit slip away, Anglo American turned around and
made a better deal with Mitsubishi.
The Sur conflict will be taken up by Chile’s legal system; the
findings in this case could have implications for other
international companies hoping to get in on the Chilean copper
reserves.
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8. » The vastness of Chile’s resources guarantee copper mining for
another century, and ensure the country a stable economy and
good job prospects. With this wealth comes responsibility to
operate mines safely.
The second anniversary of the Chilean mine collapse occurred
last week. Perhaps officials were lax in the past because copper
plays such an important role for the country’s finances. Do you
think Chile has learned the lessons from the mine collapse and is
applying them correctly? Or do the legal woes spell a different
headache for the South American powerhouse?
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9. At Worldwide Power Products, we specialize in power
generation equipment including over 100 new and used engines
and generator sets for the industrial, marine, and petroleum
industries.
CATERPILLAR
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Call us: +1-713-434-2300