The Astaldi Group has been awarded by Codelco a new EUR 413 million (US$ 460 million) contract for the extension in Chile of the Chuquicamata Underground Mining Project. Chuquicamata is the world’s largest open-pit mine, and Codelco has a EUR 3.59 bn (US$ 4 billion) investment plan for its transformation into an underground mine. The new contract awarded to Astaldi will mean that they will be involved in the construction of 43 kms of tunnels, as well as carrying out an additional 165,000 m3 of underground excavations, and executing 4.6 km of vertical excavations. The works will start next September, and will last 51 months. For further information visit www.codelco.cl and www.astaldi.com. 22/16.
