Copper Deposits Around the World

Origin:
Copper is a mineral found in the Earth's crust, but its distribution is uneven globally due to specific geological conditions required for economically viable deposits.
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Main Types of Copper Deposits:
Porphyry Copper Deposits:
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Formed by hydrothermal fluids from magma chambers.
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Largest source of global copper production.
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Sediment-hosted Copper Deposits:
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Found in sedimentary rock layers.
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Formed by the cooling of copper-bearing hydrothermal fluids.
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Copper Ores:
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Most copper ores contain only a small percentage of copper; the rest is gangue (uneconomic material).
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Two main ore types:
Copper Oxide Ores
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Copper Sulfide Ores
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Key Mineral:
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Chalcopyrite (a sulfide ore) is the most common copper source, contributing to about 50% of global production.
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Economic Importance:
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Sulfide ores are more profitable due to:
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Higher copper content
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Easier separation from gangue
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Oxide ores are more abundant but generally less economic.
Copper Mining Challenges in Chile and Peru
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Chile is among the world's richest sources of copper, but ore quality is declining due to overexploitation.
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The Nazca and South American tectonic plates intersect beneath Chile and Peru, creating high seismic activity.
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A study estimates a greater than 85% chance of a major earthquake in the next 50 years in this region.
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Implications:
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Earthquakes pose a significant risk to mining infrastructure and operations.
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Falling ore grades and tectonic threats may lead to rising production costs.
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New copper discoveries are becoming increasingly valuable due to these constraints.
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