ENVIRONMENTAL ISSUES

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in the Atacama Desert, Chile and was acquired on April 23, 2000. The Escondida Cu-Au-Ag open-pit mine is at an elevation of 3050 m, and came on stream in 1990. Current capacity is 127,000 tons/day of ore; in 1999 production totaled 827,000 tons of copper, 150,000 ounces of gold and 3.53 million ounces of silver. Primary concentration of the ore is done on-site; the concentrate is then sent to the coast for further processing through a 170 km long, 9 pipe. Escondida is related geologically to three porphyry bodies intruded along the Chilean West Fissure Fault System. A high grade supergene cap overlies primary sulfide ore.