Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Processing |
- Sulfuric acid (reagent)
- Heap leach
- Solvent Extraction & Electrowinning
|
| Mine Life | 10 years (as of Jan 1, 2015) |
Source:
p. 15, 20
In 1997, Codelco inaugurated the first operation led by Chileans, the Radomiro Tomic mine, then the Gabriela Mistral.
Codelco Corp. operates seven mine sites (known as “divisiones”): Chuquicamata, Ministro Hales, Radomiro Tomic, Gabriela Mistral, Salvador, Andina, El Teniente, in addition to the Ventanas Smelter and Refinery.
Summary:
Porphyry copper deposit, its main mineralized body is oxidized in a mineralized zone, mainly Chrysocolla, Black and Atacamite oxides in low presence, deposited under sterile coverage of post mineral gravels with an average thickness of 50 m.
Summary:
Gabriela Mistral in it´s 8th Division operates the largest fleet of autonomous trucks in the world. A fleet of 17 Komatsu 930E4 AT Trucks, allowing to transport 210,000 ton/day of materials.
Processing
- Sulfuric acid (reagent)
- Heap leach
- Solvent Extraction & Electrowinning
Source:
Summary:
The production process involves different stages: crushing (primary, secondary and tertiary), acid curing in drums, heap leaching, tailings disposal, solvent extraction (SX), electro-winning (EW), and the cathodes produced are transported to the Mejillones port.
Production:
| Commodity | Units | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|
Copper
|
t
| ...... | 107,247 | 122,737 | 121,712 | 125,009 | 121,012 |
All production numbers are expressed as cathode.
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Reserves at December 31, 2018:
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven
|
298 Mt
|
Copper
|
0.35 %
|
1.1 Mt
|
|
Probable
|
38 Mt
|
Copper
|
0.32 %
|
0.1 Mt
|
|
Proven & Probable
|
336 Mt
|
Copper
|
0.35 %
|
1.2 Mt
|
|
Measured
|
304 Mt
|
Copper
|
0.35 %
|
1.1 Mt
|
|
Indicated
|
40 Mt
|
Copper
|
0.34 %
|
0.1 Mt
|
|
Inferred
|
70 Mt
|
Copper
|
0.35 %
|
0.2 Mt
|
|
Total Resource
|
414 Mt
|
Copper
|
0.35 %
|
1.4 Mt
|
Commodity Production Costs:
| | Commodity | Units | 2018 | 2016 | 2015 |
|
C1 cash costs
|
Copper
|
USD
|
1.92 / lb
|
1.44 / lb
|
1.6 / lb
|
Financials:
| | Units | 2019 | 2018 | 2017 | 2016 | 2015 |
|
Revenue
|
M USD
| ...... | 644 | 901.41 |
609.6
|
664.58
|
|
Gross profit
|
M USD
| ...... | 102.64 | 251.86 |
95.3
|
97.4
|
|
Pre-tax Income
|
M USD
| ...... | -4.28 | 121.77 |
-6.05
|
2.73
|
|
After-tax Income
|
M USD
| ...... | -1.39 | 44.1 |
-7.69
|
0.98
|
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Heavy Mobile Equipment as of January 1, 2013:
| HME Type | Model | Size | Quantity |
|
Backhoe
|
|
|
1
|
|
Dozer (crawler)
|
|
|
3
|
|
Dozer (rubber tire)
|
|
|
5
|
|
Drill
|
|
|
4
|
|
Grader
|
|
|
3
|
|
Loader
|
|
|
2
|
|
Shovel
|
|
73 cu. yd
|
2
|
|
Truck (haul)
|
.......................
|
330 t
|
17
|
|
Truck (water)
|
|
|
3
|
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Corporate Filings & Presentations:
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Aerial view:
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