The La Coipa mine consists of five deposits (notable deposits being Ladera-Farellon, Coipa Norte, Brecha Norte, Can Can, and Puren). Until October 2013, La Coipa operated two pits (Ladera-Farellon and Can Can).

The deposits in the La Coipa district are typical of high-sulphidation epithermal systems produced by volcanism-related hydrothermal activity at shallow depths and low temperatures. Deposition normally takes place within 1 km of the surface in the temperature range of 50°C to 200°C, although temperatures up to 400°C are not uncommon. Most deposits occur as siliceous vein fillings, irregular branching fissures, stockworks, breccia pipes, vesicle fillings and disseminations. The fissures have a direct connection with the surface, which allowed the ore-bearing fluids to flow with comparative ease. In many cases the deposits are related directly to deep seated intrusive bodies; it is typical for most ores to be in or near areas of Tertiary volcanism. The country rocks located near epithermal veins are commonly extensively altered. Relatively high porosity and open-channel permeability allow fluids to circulate in the wall rocks for great distances. Favourable temperature gradients promote reactions between cool host rocks and warm to hot invading solutions. As a result, wall-rock alteration is both widespread and conspicuous. Among the principal alteration products are chlorite, sericite, alunite, zeolites, clays, adularia, silica and pyrite.

The mineralization at La Coipa displays intense zoning and is characterized by an upper zone of secondary Ag enrichment, intermediate levels of Au-Ag in the oxidized zone and primary Au-Cu mineralization in the lower reduced zone. In the Au-Ag zone, mineralization forms disseminated and structurally controlled deposits. Disseminated deposits occur within both the volcanic and the sedimentary basement rocks, closely associated with silicic and advanced argillic alteration. Structurally controlled deposits typically formed at lower elevations, but still occur within the precious metal zone. They are often hosted by basement metamorphic rocks (lutites and sandstones) and often display higher grades. Different controls on the mineralization are consistent with what has been observed at the deeper levels of Cu-Au mineralization at Ladera-Farellon and Can-Can. Grades of up to 4% Cu is common in veins and manto like bodies.

The mineralogy of the precious metals mineralization within the oxidized and enrichment zone consists mainly of cerargyrite, native Au, native Ag and electrum with minimal embolite, iodargyrite and argentojarosite. Within the sulphide zone, enargite and native Au are the dominant minerals, but variable amounts of chalcopyrite, bornite, covellite, mineralization tenantite-tetrahedrite, sphalerite and galena are also present. In general these sulphides appear as fine veinlets in weakly altered black shales.

Gold mineralization is found generally in association with powdery alunite, distributed along stockwork fractures varying from 50 µm to fractions of a micron. Jarosite and scorodite are common minerals in gold-bearing alunitic stockworks. Gold is normally in the native state, although electrum is detected locally.

High gold values in the eastern portion of Coipa Norte are in direct association with advanced argillic alteration. Higher silver grades accompanied by little or no gold, especially those in western Coipa Norte, are associated mainly with silicification and less commonly with advanced argillic assemblages.

The La Coipa open pit gold mine is located in the Maricunga mining district in the Atacama Region of northern Chile, approximately 1,000 kilometers north of Santiago and 140 kilometers northeast of Copiapó.

Until October 2013, La Coipa operated two pits (Ladera-Farellon and Can Can). Mining was carried out with front-end loaders, diesel rotary drills and 150-tonne trucks.

The mine and plant suspended activities in October 2013, and in February 2020, following a positive feasibility study, Kinross approved the La Coipa Restart project.

The project commenced production from the Phase 7 deposit in Q1 2022.

The project plan included refurbishing the existing process plant, camp and other infrastructure, as well as relocating the mining fleet (Cat 785C trucks and 994 wheel loaders) from the Maricunga operation, which was placed on care and maintenance in 2018.

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Crushed ore is processed in a semi-autogenous grinding (SAG) mill followed by two ball mills. Following grinding, the slurry is thickened, and the thickened pulp (56% solid) is leached with cyanide in a series of eight carbon-in-leach (CIL) tanks. Pregnant solution from the leach circuit flows to the refinery, where a Merrill-Crowe process is used to extract the precious metals from solution, ultimately producing doré ingots as the final product.