Mining Intelligence and News
Chile

Los Colorados Mine

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Categories

Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
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Mine Life... Lock
Snapshot(Translated from Spanish by Chat-GPT)
The Los Colorados Mine's main purpose is to supply iron preconcentrate and sinter feed to the Pellet Plant.

With the brownfield project at the Los Colorados Mine, the Life of Mine (LOM) is expected to be extended until 2050 after Phase 7.

Pilot tests of gas-diesel blends in CAEX trucks at the Los Colorados Mine have shown promising preliminary results in reducing diesel consumption and emissions.

Compañía Minera del Pacífico uses electric and hybrid vehicles for both mining operations and employee transportation.

Owners

SourceSource
CompanyInterestOwnership
Mitsubishi Corp. 25 % Indirect
CAP S.A. 74.9 % Indirect
The Mining Segment of CAP S.A. conducts its operations through its subsidiary, Compañía Minera del Pacífico S.A. (CMP). For management purposes, CMP is organized into four main units, one of which is the Valle de Huasco unit. This unit includes the operations of the Pellet Plant, Los Colorados mine, El Algarrobo, and the Puerto Guacolda II mines.

CMP is a limited liability Company. It has two main shareholders, the controller with 74.9% of shares, CAP S.A. and MC Inversiones LTDA., subsidiary of Mitsubishi Corporation.

Contractors

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Deposit type

  • Kiruna-type

Summary:

The Los Colorados magnetite-apatite deposit is one of the largest and least altered Kiruna-type deposits in the Chilean iron belt.

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

Production of preconcentrate and Sinter Feed.
CommodityUnits20242023202220212020
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All production numbers are expressed as concentrate.

Operational metrics

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Production Costs

Commodity production costs have not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jun 11, 2025
....................... Subscription required ....................... Subscription required Subscription required Jun 11, 2025
....................... Subscription required ....................... Subscription required Subscription required Jun 11, 2025
....................... Subscription required ....................... Subscription required Subscription required Jun 22, 2025
....................... Subscription required ....................... Subscription required Subscription required Jun 11, 2025
....................... Subscription required ....................... Subscription required Subscription required Jun 11, 2025
....................... Subscription required ....................... Subscription required Subscription required Jun 22, 2025
....................... Subscription required ....................... Subscription required Subscription required Jun 11, 2025

Workforce

Aerial view:

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