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The Chuquicamata mining and metallurgical complex is the main Division belonging to Corporacion Nacional del Cobre de Chile (CODELCO-CHILE) and it accounts for 50% of the 1.4 Mt of fine copper output of the Corporation. It has been producing copper since 1915.

The paper refers to the challenges that Chuquicamata has to solve in the near future. These challenges are: the increasing operation costs associated to a 800 m depth pit with low prices in an overstocked copper market; the increasing people's sensitivity to environmental preservation; and, the transformation needed for achieving high levels of organizational effectiveness.

According to Corporate policy, Chuquicamata is making efforts to switch from a management style focused on supply to a management style focused on demand side of the industry. In this direction is tempting to establish strategic alliances to develop both new copper products and uses, to rise the metal demand.

In more than 80 years of operation, Chuquicamata had exploited just one third of its geological resources. The exploitation of the remaining two third is a huge engineering challenge, taking into account the depth of the deposit, the impurities content, the decreasing ore grades and the transportation distances for waste dumping. All those factors are relevant in the economical process of transforming geological resources into ore reserves.

Chuquicamata has other limitations. First, a 20,000 people town just aside the pit that limits the mining rates because of dust generation; second the scarceness of water in the desert area where Chuquicamata deposit is located, and, finally, the new tailing pond is a problem which solution will demand huge engineering efforts and investments.

People are the principal factor associated to a company success. In this field, Chuquicamata have been progressing, but much more efforts from people will be necessary to reduce production costs for being successful as any other price-taker within the copper industry. Chuquicamata must develop the skills of its Supervisors to transform them into leaders and entrepreneurs, who additionally have the challenge of passing on their knowledge to non-professional workers. It is an ethic commitment to assure personal and professional growth of workers, as the only sustainable way to get real and integral success.