April 18, 2014 7:46 AM ET

Metals and Mining

Company Overview of Compañía Minera Doña Inés de Collahuasi SCM

Company Overview

Compañía Minera Doña Inés de Collahuasi SCM, a mining company, produces copper concentrate, copper cathodes, and molybdenum concentrate from three open-pit mineral deposits in the Andean plateau of the far north of Chile. It markets its products in Chile, China, the United States, South Korea, Taiwan, and Italy. The company was incorporated in 1983 and is based in Santiago, Chile.

Andrés Bello 2687

11th Floor

Las Condes

Santiago,  7550611


Founded in 1983


56 2 362 6500


56 2 362 6562

Key Executives for Compañía Minera Doña Inés de Collahuasi SCM

Executive President
Vice President of Finance and Sales
Chief Executive Officer of Anglo American Group
Vice President of Administration and Services
Vice President of Legal
Compensation as of Fiscal Year 2013.

Compañía Minera Doña Inés de Collahuasi SCM Key Developments

Compañía Minera Doña Inés de Collahuasi SCM's Union Reach Agreement on New Collective Contract

The union at Compañía Minera Doña Inés de Collahuasi SCM has voted in favor of the company's latest offer as part of the early collective contract negotiation process. Of a total of 1,090 union members who voted, 974 approved the new collective contract. Collahuasi's offer involves a CLP 16 million (USD 31,743) bonus per worker, as well as a credit for CLP 3 million and a 3.5% raise. The new contract will be in place for four years. The collective negotiation process began in early May, ahead of the current contract's end date in April 2014.

Compañía Minera Doña Inés de Collahuasi SCM Announces 19% Increase to Mineral Resources

Compañía Minera Doña Inés de Collahuasi SCM announced a significant increase to its Mineral Resources and Ore Reserves following its 2012 resources estimation process. The new Measured, Indicated and Inferred Resource has increased by 1.4 billion tonnes to over 9.0 billion tonnes at an average grade of 0.81% copper and 0.02% of molybdenum. This represents a 19% increase on the previous estimate published in December 2011. Total contained copper metal has increased by 23% to around 73 million tonnes. Ore Reserves have increased by 10% compared to the previous year, up 292 million tonnes to a total of 3.2 billion tonnes at an average grade of 0.81% copper. This new estimate is the result of new drill results, geological modeling updates, mining design optimization and adjustments to metal price assumptions.

Compañía Minera Doña Inés De Collahuasi Scm Reports Earnings Results for the First Quarter Ended June 30, 2012

Compañía Minera Doña Inés de Collahuasi SCM reported earnings results for the first quarter ended June 30, 2012. The company recorded earnings of ¥2.5 billion, a decline of ¥1.6 billion from ¥4.1 billion for the corresponding three-month period of the previous year mainly due to a decline in sales volume.

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To contact Compañía Minera Doña Inés de Collahuasi SCM, please visit www.collahuasi.cl. Company data is provided by Capital IQ. Please use this form to report any data issues.

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