December 21, 2014 4:02 AM ET

Metals and Mining

Company Overview of Minera Escondida Limitada

Company Overview

Minera Escondida Limitada engages in prospecting, mining, processing, and commercializing ore resources in the Republic of Chile. It holds interests in the Escondida copper ore deposits and Escondida Norte open pit located in the Second Region of the Republic of Chile, southeast of the city of Antofagasta. The company is based in Santiago, the Republic of Chile. Minera Escondida Limitada operates as a subsidiary of BHP Billiton Limited.

Avda Americo Vespucio Sur 100 Piso 9 Las Condes

Clasificador 11 Correo 10




56 2 330 5000


56 2 207 6520

Key Executives for Minera Escondida Limitada

Vice President of Finance
Vice President of Operational Services
Vice President of Human Resources
Vice President of Projects
Compensation as of Fiscal Year 2014.

Minera Escondida Limitada Key Developments

Minera Escondida Reports Earnings and Production Results for the First Quarter Ended March 2014

Minera Escondida reported earnings and production results for the first quarter ended March 2014. For the quarter, the company reported net profits decline 47.3% to $451 million in from $856 million in 2013. Revenue was totaled $1.69 billion, down 20.4% from $2.12 billion in the same year-ago period, which the company attributed to a drop in copper prices. Operating profits were down 15.3% to $838 million compared to $989 million in 2013. For the quarter, production reached 272,776 tons, down 10.7% from January-March 2013, and comprised 197,021 tons copper concentrates and 75,755 tons cathodes.

Escondida Plans to Resume EUR 2.584 Billion Seawater Desalination Plant Expansion Project in Atacama Desert

Escondida announced that it plans to resume a USD 3.43 billion (EUR 2.584 billion) seawater desalination plant expansion project in Atacama desert, suspended in 2009 amid the economic crisis.

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