Asset Report

Los Colorados iron ore mine

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13 April 2018

Los Colorados iron ore mine

Report summary

Los Colorados is a mid-sized surface mine situated in the Atacama region of Chile, roughly 30 kilometres northwest of the city of Vallenar. It is majority owned by the vertically integrated Chilean steel producer Compañía de Acero del Pacífico (CAP) and operated by an owned subsidiary, Compañía Minera del Pacífico (CMP). Ore from the mine is used to produce fines, concentrate as well as both direct reduction (DR) and blast furnace (BF) pellets for the export and domestic markets. Production at Los Colorados fell by nearly 6% in 2017 as the mine delayed to receive environmental licenses which would allow production to keep expanding as CAP had initially planned. The mine has the highest strip ratio among all of CAP's operations, which negatively impacts Los Colorados mining costs.

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 13 images and tables including:

  • Key facts: Table 1
  • Detailed map
  • Participants (%)
  • Marketable reserves (at 01/01/2018)
  • Production
  • Production
  • Operations
  • Infrastructure
  • Cash cost (US$/tonne)
  • Cash cost
  • Capital costs (US$ million)
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document

    Los Colorados.xls

    XLS 223.50 KB

  • Document

    Los Colorados iron ore mine

    PDF 609.00 KB