Our activities are split between active operations and development projects:

Active operations

• Çayeli – in northeastern Turkey
• Las Cruces – in southern Spain
• Pyhäsalmi – in central Finland
• Ok Tedi – in the Star Mountains Region in Papua New Guinea

Development project

• Cobre Panama – in the province of Colon, Panama

The chart below shows our ownership interests in our principal subsidiaries and associated companies.