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By Hugo Melo

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South America: Risk Evaluation, Nueva Andina II Expansion Project

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Hugo Melo

August, 2018

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In 2008, this copper project began in Chile at the pre-feasibility level. During the study, 26 alternative options were developed and evaluated in terms of the production rate of the expansion, underground and open-pit alternatives, process plant locations, associated infrastructure and impacts of the 70km-long tunnels in the project schedule. SRK carried out a quantitative risk analysis of all the options and their impact on the economic model. The preferred option was taken forward to another engineering stage.