Chile: the balanced view : a recopilation of articles about the Allende years and after

B. ,PRODUCTIVE SECTORS l. Mining a) Copper Copper is undoubtedly the most important 01 Chile's exportable mineral resources. In 1973 total production 01 refined copper was 615:900 metric' tons in the large-scale and Andean mining sector and 130,flOO metric tons in the medium-sized and small mining sectors, for a total 01746,800 metric tons. . In the nextiew years production will increase as a result 01 new investments in' copper mining. 1) Large-scale and Andean mining The required investments in the large-scate and Andean mining enterprises can be described in detail: Mine and nature 01 inves!ment 1. Chuquicamata-Exótica* i)Expansion of smelter ii) Expansion of oxide plant 2. Potrerillos-Salvador i) lmprovement of smelter ii) Hemilling-improvement iii)Electric System-Renovation Iv) Improvement 01 refining 3. New COOELCO eleclrolytic refinery 4. El Teniente i) Railroad ii) Rancagua machine shops iii) Air furnace N.O 3 iv) Coligües Oam \1) Water-impelling system 5. Andean TOTAL Approximate total . (milliorís 01 dollars) 24 78 20 3.8 8.8 4.8 65 1.7 1.5 4;0 13.0 .2:8 12.b US$ 239.4** 'The new e!eclñc power plan!s in Tocopilla are considered. in the Electrilication Plan. ··Approximately 40 percen! 01 !hese inv~ments are in local currency. Year 01 complétion 1976 .1977 1976 1976 1977 1975' 1977 1976 1977 1977 Production and income that would be obtained on the tJasis 01 a priceof 75c per pound 01 electrolytic copper are show,nbelow: . 230