Location | |
---|---|
Location | El Salvador |
Commune | Diego de Almagro |
Country | Chile |
Coordinates | 26°14′30″S 069°33′26″W / 26.24167°S 69.55722°W |
Production | |
Products | Copper |
History | |
Opened | 1959 |
Closed | 2026–2031 |
Owner | |
Company | Codelco |
Year of acquisition | 1971 (Chilean nationalization of copper) |
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.[1] The mine is located in the company town of El Salvador.
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.