Who We Are
Atacama Minerales is a Chilean mining company that creates and adds value to its shareholders and the community, through the acquisition and development of mining businesses in Chile.
The company carries out all its activities with a highly qualified and motivated multidisciplinary team, with a proven track-record of successes, respecting people’s lives and developing sustainable projects within the established and current regulatory framework of the mining industry.
Atacama Minerales aims to be a successful company recognized in the industry for identifying, adding value, and developing sustainable and profitable mining businesses.
Santiago Metals was created in 2013 when Denham Capital, a US private equity fund manager that invests in energy, oil, gas and mining, identified Chile as an attractive country to materialize copper mining businesses and sponsored the establishment of SML as a platform of investment in mining.
In 2025 PanAust entered a cooperation agreement and option over Santiago Metals operating mines renaming the operations as Atacama Minerales.
PanAust is owned by Guangdong Rising H.K. (Holding) Limited which is a wholly owned subsidiary of Guangdong Rising Holding Group (GDRH).
GDRH is a Chinese state-owned company regulated under the State-owned Assets Supervision and Administration Commission, the People’s Government of the Guangdong Province in China.
DECLARATION OF PRINCIPLES
Fundamental rights are those rights and freedoms that every person possesses by the mere fact of being such, and which are recognized and guaranteed by the legal system, specifically in the Political Constitution of the Republic of Chile, the Labor Code, and various International Treaties on Fundamental Rights.
Atacama Minerales is strongly committed to respecting the fundamental rights of its workers and associates in all workplaces, and its policy is to disseminate, respect, and protect the rights of all those who perform duties for our company.
In this regard, our company reaffirms that all its activities as an organization are geared toward respecting and protecting the fundamental rights of its workers, such as:
- The right to life and physical integrity of all our employees, provided that their violation is a direct consequence of acts occurring within the employment relationship with our company.
- Respect and protection of the privacy and honor of our employees and their families.
- The inviolability of all forms of private communication.
- The right to freedom of conscience, to the expression of all beliefs, and to the free exercise of all religions.
- The freedom to express opinions and to inform, without prior censorship, in any form and by any means.
- Freedom to work and the right to free choice. Furthermore, the guarantee that no type of work may be prohibited, except for the exceptions provided by the Constitution itself.
- The right not to be subject to the discriminatory acts outlined in Article 2 of the Labor Code.
- Freedom of association and the right to collective bargaining without undue obstacles.
- The guarantee of indemnity, which consists of not being subject to retaliation by the employer, due to or as a consequence of the supervisory work of the Labor Directorate or due to the filing of legal actions or participation in them as a witness, or for having been offered in such a capacity.
- Anti-union or unfair practices in collective bargaining.
In this regard, Atacama Minerales will adopt all possible preventive measures to avoid any violation of the rights of any person associated with the organization, and will adopt all necessary reactive measures in the event of an undesirable event associated with an alleged violation of its employees’ rights.
Sincerely.
General Management
Our Values
Excellence
We strive for the highest standards in everything we do, from safety to operational efficiency.
Sustainability
We are committed to caring for the environment and the sustainable development of communities.
Collaboration
We work as a team and build relationships of trust with all our stakeholders.
Our Projects
Atacama Minerales develops all its projects with a high level of professionalism and quality, working toward NI 43-101 standards. All projects are either listed or under option agreements to acquire 100% of the properties.
Copper Delirio Project
- Delirio mine and plant located 100 km north of Copiapó, currently in production.
- Access via a 5 km paved road from Inca de Oro, followed by a 2 km unpaved road to the property.
- The Delirio deposit is 5 km from the plant site.
The Delirio Project includes
- Delirio – 14 hectares, consisting of 5 production pits: Delirio, Barraza, Manto Cuba, Providencia, and Jardinera. It also includes the leaching pad and ROM leaching areas (LX), as well as electrowinning (EW) facilities and a third-party ore purchasing station.
- Berta: 1,800 hectares, consisting of 1 permitted pit (30 km from Delirio EW) and permits for crushing and leaching operations.
- Paula: 60 hectares, located 50 km from Delirio EW.
- Rosa: 10 hectares, located 65 km from Delirio EW.
Project Summary
| Delirio District (100%) | |
| Status | Production |
| Mine Description | Delirio Open Pit – In Production Barraza Open Pit – In Production Jardinera Open Pit – Reserve catagorization 2021 Providencia Open Pit- Reserve catagorization 2021 Manto de Cuba Open Pit - Reserve catagorization 2021 |
| Plant Description | Crush and LIX: 1.2Mtpa Crush facility with associated RoM and Ore Leach Pads SX-EW: 5ktpa Copper Cathode Capacity |
| Reserves | 3.1Mt@0.39% CuT |
| Resources | 4.5Mt@0.43% CuT |
| Rosa West Pit (100%) | |
| Status | Development |
| Reserves | N/a |
| Resources | 3.0Mt@0.52% CuT MI&I |
| Berta District (100%) | |
| Status | Development |
| Mine Description | Berta Sur – Reserve categorización 2021 Berta Central & Norte – Exploration and Reserve catagorization 2021 |
| Plant Description | Brownfield crush and ore and rom Leach facility Fully permitted |
| Reserves | N/a |
| Resources | 5.2Mt@0.41% CuT MI&I |
| Paula Pit (100%) | |
| Status | Development |
| Mine Description | 3 open pits |
| Reserves | N/a |
| Resources | 6.78Mt@0.53% CuT MI&I |
Sustainability
Since its inception, Atacama Minerales has developed a sustainability strategy based on three pillars that promote the economic, social, and environmental development of its projects and their surrounding environment as part of successful 21st-century mining.
Economic
Atacama Minerales has adhered to a series of internationally recognized industry standards for the dissemination of its information. The purpose is to guarantee investors that mining properties, projects, or operations have been scientifically and professionally evaluated.
Social
The company believes that mining development is necessarily linked to the social growth of the communities surrounding its projects and operations.
Environmental
Atacama Minerals initially develops baseline studies for all of its projects, which consist of a detailed description of the area of influence of its projects prior to their execution.
Contact
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