El Morro mine

{{Infobox mine

| name = El Morro mine

| image =

| width =

| caption =

| pushpin_map =

| pushpin_label =

| pushpin_map_caption =

| coordinates =

| place =

| subdivision_type = Region

| state/province = Atacama Region

| country = Chile

| owner = Newmont (50%)
Teck (50%)

| stock_exchange =

| stock_code =

| official website =

| acquisition year =

| products = Copper
Gold
Molybdenum

| financial year =

| amount =

| opening year =

| closing year =

}}

The El Morro mine is one of the largest gold mines in Chile and in the world.{{cite web|url=http://www.goldcorp.com/English/Unrivalled-Assets/Mines-and-Projects/Central-and-South-America/Development-Projects/El-Morro/Overview-and-Development-Highlights/default.aspx |title=El Morro - Overview & Operating Highlights |year=2013 |publisher=goldcorp.com |accessdate=2013-06-18 |url-status=dead |archiveurl=https://web.archive.org/web/20130531011001/http://goldcorp.com/English/Unrivalled-Assets/Mines-and-Projects/Central-and-South-America/Development-Projects/El-Morro/Overview-and-Development-Highlights/default.aspx |archivedate=2013-05-31 }} The mine is located in the north of the country in the Atacama Region. The mine has estimated reserves of 6.7 million oz of gold. The mine also holds reserves amounting to 449.5 million tonnes of ore grading 0.49% copper.

Contractors who have worked in this mine are Hatch, AMEC, Fluor Corporation, Bechtel. Siemens was awarded to do electrical engineering.

{{cite web|url=https://digiscend.com/en/projects/chile/el-morro-project/snapshot|website=digiscend.com|title=El Morro Project|accessdate=21 June 2015}}

A 70% ownership stake was sold by Xstrata to Barrick Gold for $465 million USD in 2009, with the remaining 30% owned by New Gold Inc.{{cite web | title=Xstrata Agree $465m Sale of Chilean El Morro Project to Barrick Gold | website=Proactiveinvestors NA | date=2009-10-12 | url=https://www.proactiveinvestors.com/companies/news/6969/xstrata-agree-465m-sale-of-chilean-el-morro-project-to-barrick-gold-9001.html | access-date=2022-07-23}}

Development of the mine was initially halted in 2012 due to a lack of consultation with the local indigenous Diaguita community, but in 2014 a Chilean appeals ruled the project could proceed.{{cite web | title=Big win for Goldcorp’s $3.9 billion El Morro mine in Chile | website=MINING.COM | date=2014-04-30 | url=https://www.mining.com/big-win-for-goldcorps-3-9-million-el-morro-mine-in-chile-25069/ | access-date=2022-07-23}} This was then overturned by the Supreme Court of Chile later that year.{{cite web | title=Chile suspends Goldcorp’s El Morro mine - Environment News | website=Al Jazeera | date=2014-10-08 | url=https://www.aljazeera.com/news/2014/10/8/chile-suspends-goldcorps-el-morro-mine | access-date=2022-07-23}}{{cite web | title=Update 1-Goldcorp's El Morro mine halted by Chile Supreme Court | website=Reuters | date=2014-10-07 | url=https://www.reuters.com/article/goldcorp-chile-el-morro-idINL2N0S21J420141007 | access-date=2022-07-23}}

In 2015, the mine was combined with the nearby Relincho project to a single venture called NuevaUnión split 50-50 between Goldcorp and Teck.{{cite web | title=Newmont, Teck to invest $152m in Chilean copper-gold project | website=mining.com | date=2020-02-20 | url=https://www.mining.com/newmont-teck-to-invest-152m-in-chilean-copper-gold-project/ | access-date=2022-07-23}} Goldcorp was merged with Newmont in 2019.