Featured Research

from universities, journals, and other organizations

South America Holds Treasure Of Copper, Molybdenum, Gold And Silver

Date:
September 9, 2008
Source:
U.S. Geological Survey
Summary:
Deposits of undiscovered copper, molybdenum, gold and silver may be present in the Andes Mountains of South America, according to a new scientific assessment.

Deposits of undiscovered copper, molybdenum, gold and silver may be present in the Andes Mountains of South America, according to a new scientific assessment.

Related Articles


The assessment estimates that the Andes may hold 750 million metric tons of copper in undiscovered porphyry copper deposits. Mining from these types of deposits provides more than 50 percent of world copper supply.

The undiscovered porphyry copper deposits also have the potential to contain 20 million tons of molybdenum, 13,000 tons of gold and 250,000 tons of silver. Molybdenum, known to occur naturally with copper, is used in industry to harden steel and for catalysts, lubricants, and pigments. Estimated undiscovered molybdenum resources in the Andes represent more than double the current world reserves of 8.6 million tons.

The Andes were studied as part of the first global mineral resource assessment, which is being led by the U.S. Geological Survey. The USGS jointly prepared and published the Andes assessment with experts from the Geological Surveys of Argentina, Chile, Colombia and Peru.

The partnership that contributed to the assessment is "a hallmark of international scientific collaboration," said USGS Director Mark Myers. "The expertise of our international collaborators is indispensable to our ability to undertake a worldwide assessment of numerous undiscovered mineral commodities in a variety of geologic environments."

The estimated copper resources in the Andes represent about 2.5 times the amount of undiscovered copper resources that was estimated for the United States in a 1998 USGS assessment of all major types of copper deposits. Not all of the estimated undiscovered mineral deposits are likely to be discovered and developed.

The USGS Mineral Resources Program provides scientific information for objective resource assessments and unbiased research results on mineral potential, production, consumption and environmental effects. This program is the sole federal source for this information.

The complete report, Quantitative Mineral Resource Assessment of Copper, Molybdenum, Gold, and Silver in Undiscovered Porphyry Copper Deposits in the Andes Mountains of South America, by C.G. Cunningham and others is available at http://pubs.usgs.gov/of/2008/1253/.


Story Source:

The above story is based on materials provided by U.S. Geological Survey. Note: Materials may be edited for content and length.


Cite This Page:

U.S. Geological Survey. "South America Holds Treasure Of Copper, Molybdenum, Gold And Silver." ScienceDaily. ScienceDaily, 9 September 2008. <www.sciencedaily.com/releases/2008/09/080908225740.htm>.
U.S. Geological Survey. (2008, September 9). South America Holds Treasure Of Copper, Molybdenum, Gold And Silver. ScienceDaily. Retrieved December 22, 2014 from www.sciencedaily.com/releases/2008/09/080908225740.htm
U.S. Geological Survey. "South America Holds Treasure Of Copper, Molybdenum, Gold And Silver." ScienceDaily. www.sciencedaily.com/releases/2008/09/080908225740.htm (accessed December 22, 2014).

Share This


More From ScienceDaily



More Earth & Climate News

Monday, December 22, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

New Fish Species Discovered, Setting Record for World's Deepest

New Fish Species Discovered, Setting Record for World's Deepest

Buzz60 (Dec. 22, 2014) A new species of fish is discovered living five miles beneath the ocean surface, making it the deepest living fish on earth. Jen Markham has the story. Video provided by Buzz60
Powered by NewsLook.com
Raw: Lava Inches Closer to Highway

Raw: Lava Inches Closer to Highway

AP (Dec. 21, 2014) Officials have opened a new road on Hawaii's Big Island for drivers to take care of their daily needs if encroaching lava from Kilauea Volcano crosses a highway and cuts them off from the rest of the island. (Dec. 20) Video provided by AP
Powered by NewsLook.com
Could Cheap Oil Help Fix U.S. Roads?

Could Cheap Oil Help Fix U.S. Roads?

Newsy (Dec. 21, 2014) As falling oil prices boost Americans' spending power, the U.S. government is also gaining flexibility from savings on oil. Video provided by Newsy
Powered by NewsLook.com
Raw: Russian Surfers Brave Icy Cold Waters

Raw: Russian Surfers Brave Icy Cold Waters

AP (Dec. 20, 2014) Surfers in Russia's biggest port city on the Pacific Ocean, Vladivostok, were enjoying the sport on Saturday despite below freezing temperatures and icy cold waters. (Dec. 20) Video provided by AP
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:

Strange & Offbeat Stories


Plants & Animals

Earth & Climate

Fossils & Ruins

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins