Mining Intelligence and News
Ecuador

Mirador Mine

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Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Copper
  • Gold
  • Silver
Mining Method
  • Truck & Shovel / Loader
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Mine Life... Lock
SnapshotMirador copper mine is Ecuador’s first large-scale open pit mining operation.

The Phase I mining and beneficiation project of the Mirador Copper Mine has completed construction and reached full production, while the Phase II project is under construction. The second phase of the Mirador copper mine in Ecuador is expected to be completed in June 2025.

The Ecuadorian State provided subsidized electricity to the project from November 2019 to November 2024. The company was expected to achieve self-sufficiency by constructing the San Cruz hydroelectric project and acquiring emergency generation equipment, but neither was accomplished.

From November 4–7, the company briefly operated with one production line. As of January 1, Mirador Copper Mine resumed normal production on both lines.

Mine operations data has not been publicly available since then.

Owners

SourceSource
Mirador Project is owned by EcuaCorriente S.A. (ECSA), which is a wholly owned subsidiary of the Chinese consortium CRCC-Tongguan consisting of two state-owned companies: the China Railways Construction Corporation and the Tongling Non Ferrous Metals Group.

Contractors

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Deposit type

  • Porphyry

Summary:

The host rock, alteration, and mineralization at the Mirador deposit are characteristic of a calc-alkaline porphyry copper system. Copper deposits of a similar style are widespread in the Cordilleras of North and South America.

Most of the Mirador mineralization is exposed as weathered, leached laterite in the numerous drill trail and road exposures. Unevenly developed zones of supergene copper (and possibly silver) enrichment lie beneath a leached, lateritic “cap” with a relatively flat lower boundary. Thus this leached zone is thickest under ridge crests and nonexistent in any significant drainage bottom. Primary and supergene mineralization are only preserved in creek bottom outcrops, where the drainages have cut down through the overlying laterite.

The copper-gold-silver mineralization of the Mirador deposit is present mostly as disseminations and fine fracture-fillings of chalcopyrite, secondary chalcocite, and pyrite. Gold occurs as fine inclusions in chalcopyrite and pyrite, as well as native. Molybdenite is present in systems of early-stage quartz veins that have a preferred east-west orientation. These veins occur as stockwork in both Zamora granite and early porphyry dikes.

The sequence of mineral deposition at Mirador has been divided into early-stage molybdenum, early-stage copper ± gold, and late-stage copper-gold events, with a final weak polymetallic vein stage.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

Production numbers for 2024 have been reported for the period from January to October 2024.
CommodityUnits20242023
Copper t  ....  Subscribe  ....  Subscribe
All production numbers are expressed as metal in concentrate.

Operational metrics

Metrics2024
Annual ore mining rate  ....  Subscribe

Production Costs

Commodity production costs have not been reported.

Financials

Units2023
Revenue M RMB  ....  Subscribe
After-tax Income M RMB  ....  Subscribe

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Dec 23, 2024
....................... Subscription required ....................... Subscription required Subscription required Dec 23, 2024

EmployeesYear
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Aerial view:

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