El Salvador mine
El Salvador mine (The Savior) is a combined open pit and underground copper mine located in Chile and owned by the state owned copper mining company Codelco. The mine is located in the company town of El Salvador.
Location | |
---|---|
El Salvador mine Location in Chile | |
Location | El Salvador |
Commune | Diego de Almagro |
Country | Chile |
Coordinates | 26°14′30″S 069°33′26″W |
Production | |
Products | Copper |
History | |
Opened | 1959 |
Closed | 2026–2031 |
Owner | |
Company | Codelco |
Year of acquisition | 1971 (Chilean nationalization of copper) |
The mine was originally built by The Anaconda Company in the late 1950s, but in 1971, with the nationalization of the copper industry in Chile, full ownership of the mine was turned over to the newly formed, state owned copper mining company Codelco.
Codelco had planned to close the El Salvador mine in 2011, but extended the mine life by an additional 15–20 years. El Salvador operates as Codelco's smallest mine with the highest cash costs.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.