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Chile

Collahuasi Mine

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Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Copper
  • Molybdenum
  • Silver
  • Gold
Mining Method
  • Truck & Shovel / Loader
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SnapshotCollahuasi is one of the world’s largest copper mines, with high-grade deposits and significant growth potential. It operates separate processing streams for sulfides and oxides, producing copper and molybdenum.

The completion of an additional ball mill in 2024 marks the first step in its expansion, expecting to increase production capacity.

Additional crushing and flotation investments are expected to boost output from 2026, with further debottlenecking planned from 2027. Early-stage studies are also exploring plant expansion beyond current capacity, targeting significant production growth in the early 2030s.
Latest NewsCollahuasi’s solid 2024 results plus growth & efficiency plans     April 4, 2025

Owners

SourceSource
CompanyInterestOwnership
Mitsui & Co., Ltd. 12 % Indirect
Glencore plc. 44 % Indirect
Anglo American plc. 44 % Indirect
Compania Minera Dona Ines de Collahuasi SCM (operator) 100 % Direct
Collahuasi mine is a joint operation between Anglo American - 44%, Glencore - 44% and Japan Collahuasi Resources B.V.(consortium of Japanese companies led by Mitsui & Co., Ltd.) - 12%.

Contractors

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Deposit type

  • Porphyry
  • Vein / narrow vein

Summary:

Deposit Type
The Collahuasi district hosts a cluster of porphyry copper-molybdenum deposits, associated high level epithermal copper-silver-gold vein deposits, and palaeogravel hosted exotic copper deposits. Copper mineralisation at Rosario is associated with a series of north west trending quartz-sulphide and massive sulphide veins. The Rosario deposit is located in the Upper Eocene–Oligocene metallogenic belt. The host rock is a volcanic sequence composed of tuffs, dacites, rhyolites and andesites with sedimentary intercalations, which all belong to the Collahuasi Formation of Permo–Triassic age. Before the emplacement of the Rosario Porphyry, this sequence was intruded by the Collahuasi Porphyry, which is a granodiorite. The Rosario Porphyry is a quartz-monzonite that corresponds to the youngest intrusive event of the district with an age of 33 Ma. Its emplacement is controlled by geological structure.

The primary ore consists of a low copper grade, high pyrite–low chalcopyrite halo. The quantity of chalcopyrite increases towards a central zone in which a bornite, with minor digenite ore shell appears, resulting in a notable increase of the copper grade. Molybdenum mineralisation is associated with the early stages of mineralisation and is located mainly in the central part of the orebody. The Rosario fault system also controls the supergene event that leached the upper part of the deposit, generating a supergene enrichment zone. The oxide and mixed mineralisation present at Rosario is poorly developed, with narrow bodies that appear at shallow depths in relation to the actual surface.

Collahuasi comprises two large copper-molybdenum porphyry-type deposits (Rosario and Ujina) with several peripheral vein deposits (Rosario Oeste and Rosario Sur). The Rosario deposit is the focus of open cut mining operations.

The Rosario deposit is characterized by a dome-shaped zone of copper mineralization centred on the Rosario and Collahuasi porphyries. The centre of the mineralised zone contains bornite, chalcopyrite, and primary chalcocite and generally lacks pyrite. Copper mineralization occurs as both disseminations and fracture- controlled veinlets. The deposit contains a thin, erratically developed secondary enrichment blanket underlain by a relatively high-grade primary chalcopyrite zone. The lack of a well-developed secondary enrichment blanket is due to both presence of structures and level of oxidization. In addition, the secondary zone is offset and developed along crosscutting faults, resulting in erratic and locally deep oxidization. Oxide mineralisation is concentrated mostly in the northeast portion of the deposit. The oxide consists of chrysocolla, malachite and brochantite in a strongly limonitic matrix. Cuprite, tenorite and native Cu are also locally present.

Molybdenite is found within the primary hypogene mineralisation zone, peripheral to the Rosario porphyry. Molybdenum is enriched at depth, where grades are above 0.03% Mo. Molybdenum mineralization is predominantly restricted to within quartz veins with no significant alteration halo.

The Rosario deposit is hosted within the La Grande unit, which formed the lower sequence of the Collahuasi formation. The La Grande unit is approximately 2,700 m thick and comprises of interbedded rhyolite, rhyodacite, dacite and andesite. The unit strikes NW and dips from 20 to 45 degrees NE. Andesites thin to the southwest across the Rosario deposit and the sequence become dominated by rhyolite. Volcaniclastic rocks and limestones of the Capella Unit, approximately 1,700 m thick, overlie the La Grande Unit on the northeaster side of the Rosario deposit. The rhyolitic Condor Unit outcrops to the west of the Rosario deposit. Both the Capella and Condor units are considered to have Triassic or Jurassic ages (Munchmeyer, et al, 1984). Emplacement of the porphyries appears to have been controlled by the Rosario fault system resulting in a north-westerly trend to both porphyries. The Rosario fault system also acted as a control to the overprinting highsulphidation, massive Cu-Ag vein, which crosscuts the porphyry mineralisation at Rosario

Two major porphyries intrude Rosario, the Collahuasi porphyry and the Rosario porphyry. Collahuasi porphyry has a granodioritic composition, and is between 50 to 300 m wide and up to 100 m long. Masterman (2003) suggests that this porphyry is Permian, with a U-Pb age of 245 Ma ± 12 Ma. Intruding the Collahuasi porphyry is the Rosario porphyry, which is 300 to 500 m wide and up to 1,500 m long. The Rosario porphyry has a 40Ar/39Ar age of 34.4 Ma ± 0.3 Ma (Masterman, 2004). The Rosario porphyry is thought to be the centre of hydrothermal alteration and hypogene mineralisation at Rosario. Third porphyry at Rosario is the dacitic Ines porphyry, although it is interpreted as a pre-mineralisation intrusion at Rosario yet it also contains the presence of hypogene mineralisation (Masterman, 2004).

The emplacement of the porphyries appears to have been influenced by the Rosario fault system thus implied a NW-trending to both porphyries. Furthermore, the Rosario fault system also acted as a control to the overprinting high sulphidation Cu-Ag massive veins, which crosscut the porphyry mineralisation at Rosario.

Mineralization
Mineralisation at Rosario and Ujina is mainly associated with veins, especially in Rosario. These major Cu-Ag-As veins include the NNE trending Montezuma and La Grande vein systems and the NW-trending Rosario and Poderosa vein systems (Masterman, et al,. 2005). The two deposits show typical profile of a secondary enrichment process: a leach cap, a copper oxides zone, a secondary enrichment blanket and a primary sulphide core. To the west of Rosario is located Capella, which is an exotic copper deposit with copper oxides associated to gravels, probably derived from the Rosario porphyry.

Mineralisation at Rosario Oeste denotes two major episodes of hypogene mineralization both responsible for extensive volumes of rock with copper and molybdenum mineralization type "porphyry copper". These events are represented by high sulphidation "veins" with copper mineralization - (arsenic (Silver - Gold). The spatial distribution of the mineralisation is controlled by movement of structural blocks. Events of secondary enrichment occur along structures and lithological horizons.

At Ujina the hypogene mineralization is spatially related to the Ujina porphyry. It s associated to a low sulphide core with chalcopyrite and pyrite, that grades outward to a pyritic shell. The high grade zones correspond to the contact between Ujina and Collahuasi porphyries. Deep oxidization has produced significant tonnages of secondary enriched copper sulphide and oxide minerals that overlie the primary chalcopyrite material.

Reserves

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Mining Methods

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Heavy Mobile Equipment

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EV - Electric

Comminution

Crushers and Mills

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Processing

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Commodity Production

CommodityProductUnits2024202320222021202020192018201720162015
Copper Metal in concentrate t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe565,400559,100523,900501,800433,100
Silver Metal in concentrate koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe6,5417,3727,0527,4456,427
Gold Metal in concentrate koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe86
Copper Cathode t 1004,80022,200

Operational metrics

Metrics2024202320222021202020192018201720162015
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe87,253,200 t51,886,400 t64,733,500 t67,602,600 t79,573,500 t
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe54,133,100 t49,470,500 t49,886,800 t49,406,800 t48,444,500 t
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe264 Mt252 Mt268 Mt

Production Costs

CommodityUnits20242023202220212020201920182017
C1 cash costs Copper USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 1 / lb **   1.05 / lb **   1.13 / lb **  
** Net of By-Product.

Mine Financials

Units20242023202220212020201920182017
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 625   670.5   552.3  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 3,213   3,318   2,986  
Operating Income M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 945   963  
After-tax Income M USD  ....  Subscribe  ....  Subscribe
Earnings M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 1,104   1,459  
EBIT M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 1,570   1,673   1,350  
EBITDA M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 2,081   2,182   1,832  

Personnel

Mine Management

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Workforce

EmployeesContractorsTotal WorkforceYear
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Aerial view:

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