El Salvador mine

El Salvador mine
Location
El Salvador mine is located in Chile
El Salvador mine
El Salvador mine
Location in Chile
LocationEl Salvador
CommuneDiego de Almagro
CountryChile
Coordinates26°14′30″S 069°33′26″W / 26.24167°S 69.55722°W / -26.24167; -69.55722
Production
ProductsCopper
History
Opened1959
Closed2026–2031
Owner
CompanyCodelco
Year of acquisition1971 (Chilean nationalization of copper)
Location of the El Salvador and Potrerillos copper mines in Chile

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.

  1. ^ Walsh, Heather (2007-07-20). "Codelco to Resume Output at Copper Mine, Workers Say". Bloomberg. Retrieved March 14, 2009.