October DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsClean PCRecommendedOne scan can reveal what keeps slowing WindowsLook for cleanup and repair opportunities.Run ScanOctober DealsAmazon USDeal season is back - check today's better picksAmazon US: current deals, useful picks and tech finds.See Picks×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Vicuña: A Major Copper, Gold and Silver Resource on the Chile–Argentina Border

Vicuña is a major copper-gold-silver district on the Chile–Argentina border. Lundin’s “largest greenfield copper discovery” claim is narrower than a ranking of all mineral finds, and the project is not yet producing.
From TheFinanceBase Team3 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

The Vicuña district is a major copper-gold-silver resource spanning the Chile–Argentina border, but “the largest mineral find in 30 years” is too broad unless carefully qualified. Lundin Mining described Filo del Sol as the largest greenfield copper discovery in 30 years; that is the company’s characterization, not an independently established ranking across all minerals. Vicuña is a planned development, not an operating mine.

Where is the Vicuña deposit?

Vicuña is a mineral district along the Chile–Argentina border. Lundin Mining identifies four known copper-gold deposits in the district, with Filo del Sol and Josemaria as the principal development focus. The deposits are about 10 kilometres apart. The district is held through Vicuña Corp., a 50/50 strategic joint arrangement between Lundin Mining and BHP. Lundin Mining’s Vicuña project page

Two deposits, different geological settings

Josemaria is a large-scale copper-gold porphyry system in Argentina’s San Juan Province. The company’s project description envisions a conventional open-pit operation. Filo del Sol is a high-sulphidation epithermal copper-gold-silver deposit associated with a large porphyry system. Its upper oxidized portion has reached the pre-feasibility stage, while deeper sulphide mineralization remains a development target. These descriptions concern project geology and planning, not current production.

How much copper, gold and silver is in the Vicuña resource?

The February 2026 integrated technical study updated and superseded the earlier resource estimate. It is therefore the relevant current project reference; the older figures below should not be read as the current estimate. The May 2025 estimate, effective April 15, 2025, reported the following contained metal:

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
Kidz Rocks Pure Copper Nugget 2" 2-4 Oz Tumbled Polished Rock Mineral
  • SUPERIOR QUALITY: Highest quality, untreated, genuine natural crystals. Every crystal passes our quality assurance inspection and rejects from the mines are not resold.
  • ROOT CHAKRA: It is believed that copper has the power to amplify thoughts when sending and receiving psychic communications.
  • EXCELLENT GIFT: These make a nice made by Mother Nature gift for crystal collectors and friends for Birthdays, Christmas, home or office decoration and more.
  • A+ SERVICE: Please contact us for special orders to meet you special needs, wholesale volume purchases or if there are any problems with your order. Customer satisfaction is our first priority!
Metal Measured and Indicated resources Inferred resources
Copper 13 million tonnes 25 million tonnes
Gold 32 million ounces 49 million ounces
Silver 659 million ounces 808 million ounces

Figures are from Lundin Mining’s May 4, 2025 announcement and refer to its estimate effective April 15, 2025. They are historical resource figures, not amounts of metal already mined or guaranteed to be recovered. Lundin Mining’s May 2025 resource announcement

Resource categories are not the same as reserves

Measured and Indicated and Inferred are mineral-resource categories; they describe the confidence and geological basis of an estimate. They do not mean the metal is proved, economically mineable, or certain to be produced. A reserve is a different classification, and contained metal is not the same as recoverable output. The figures above must not be added to a production forecast or presented as a stock of refined metal.

Rank #2
Kidz Rocks Pure Copper Nugget 1" 1/2 to 1 Oz Tumbled Polished Rock Mineral
  • SUPERIOR QUALITY: Highest quality, untreated, genuine natural crystals. Every crystal passes our quality assurance inspection and rejects from the mines are not resold.
  • ROOT CHAKRA: It is believed that copper has the power to amplify thoughts when sending and receiving psychic communications.
  • EXCELLENT GIFT: These make a nice made by Mother Nature gift for crystal collectors and friends for Birthdays, Christmas, home or office decoration and more.
  • A+ SERVICE: Please contact us for special orders to meet you special needs, wholesale volume purchases or if there are any problems with your order. Customer satisfaction is our first priority!

What does “largest mineral find in 30 years” mean?

The broad headline wording can suggest a ranking across every mineral discovery. The available claim is narrower: in its May 2025 announcement, Lundin Mining called Filo del Sol “The largest greenfield copper discovery in the last 30 years.” The wording is company-attributed and specifically about a greenfield copper discovery. It does not establish that Vicuña is the largest discovery of any commodity, or that an independent body has ranked it first among all discoveries. Lundin Mining’s announcement

Any comparison with another find depends on what is being compared: a new greenfield discovery or an existing mining district; copper alone or a multi-metal resource; Measured and Indicated or Inferred resources; and contained metal or expected recoverable production. The available information does not establish an independent, cross-commodity ranking that supports the broadest reading of “largest mineral find.”

What’s actually slowing this PC down?

Pick the symptom - the matching free tool is one click away.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Rank #3
Native Copper Specimen, Copper Crystal Specimen, Natural Copper in Matrix
  • STUNNING SPECIMENS: Native copper crystal clusters measuring approximately 1.5 - 2.5 inches and weigh between 75 and 150 grams. Authentic native copper specimens from Michigan.
  • RARE MINERAL BEAUTY: Gleaming copper crystals in their natural matrix - rarely encountered specimens from Michigan, USA
  • MUSEUM QUALITY: Excellent specimen quality and condition, displaying intricate crystalline form and aesthetic appeal suitable for any serious mineral collection.
  • ALL NATURAL ORIGIN: Unaltered nature and geology - this timeless work of mineral art was created underground over millions of years
  • CONVERSATION PIECE: Displayed proudly, its rare natural beauty is sure to educate and inspire discussion of geology, mineralogy, the earth's formations.

Is Vicuña producing metal yet?

No. The companies’ February 16, 2026 integrated technical study describes a staged development concept beginning with Josemaria and a sulphide mill. Lundin Mining says Vicuña does not currently have operations. The study’s projected average annual production over the first 25 full years and projected initial mine life exceeding 70 years are planning assumptions, not operating results or guarantees. The study also describes major capital requirements; a study does not by itself mean construction is approved or underway. Lundin Mining’s February 2026 integrated study announcement

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What the figures do—and do not—tell investors

A large mineral resource can indicate substantial geological potential, but it does not alone determine a project’s value or whether investors should expect a mine to be built. Resource classification, recoverability, project economics, capital needs, permitting and development decisions all matter. Vicuña’s resource figures and study projections are project information, not a personal-finance recommendation or a promise of future revenue.

Best Value
EISCO Raw Chalcopyrite, Mineral Specimen - Approx. 1" - Geologist Selected & Hand Processed - Great for Science Classrooms
  • CHALCOPYRITE | From the same family as fool's gold, Chalcopyrite is a yellow crystalline mineral consisting of a sulfide of copper and iron. It is the principal ore of copper formed in hydrothermal veins
  • GREAT FOR GEOLOGY CLASSROOMS | Chalcopyrite's formation exhibits fracture and has a brassy luster which make it an excellent tool for studying economic geology, and is great for us in comparative identification exercises
  • GEOLOGIST SELECTED | Each specimen is selected and hand processed by an actual geologist, ensuring each sample exhibits defining features
  • LOCALLY PROCESSED | Our rock and mineral samples are sourced from a variety of locations around the world and are processed in Victor, NY
  • INDIVIDUALLY PACKAGED & LABELED | Each specimen sample is packaged in a transparent bag, and is labeled & barcoded for easy identification
Rank #4
Natural Sculpture Copper Mineral Specimen 1-1.25 Inches
  • Natural Sculpture Copper Mineral Specimen
  • Matrix has been removed.
  • The individual specimen will vary in size and shape & color
  • Sample measures approx. 1 Inch - 1.25 Inches

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
PC Slower Than It Used to Be?Free scan - under a minute
Outdated Drivers Are Slowing You DownFree scan - exact matches

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.