Historia

Sandfire Resources Ltd. announces their intention to purchase the MATSA mining complex from Mubadala Investment Company and Trafigura for the sum of 1,865 million dollars.

Discovery of the Aguas Teñidas deposit in the 1980s.

Construction of the first access ramp at Aguas Teñidas mine, permitting the mining of the ore.

Due to a drop in price for metals, the mine closes in 2001.

Iberian Minerals Corp. acquires mining rights and submits project to resume operations.

The Project receives the favourable environmental report, levelling the road for the resumption of activity.

The company obtains the required licences for the construction of the ore processing plant, the paste deposit and a new access ramp to the mine.

Construction and development of facilities for the MATSA mining complex.

The Company officially starts production on completion of the construction work and initial developments, which are completed in full in 2010.

MATSA receives authorisation to extend production of the ore processing plant from 1.7 million to 2.2 million tonnes per year.