Copper price is on the verge of US $ 3 and the average price already exceeds the value estimated by the Ministry of Finance
Source: El Mercurio
Chinese reactivation and doubts about supply boost copper price and improve fiscal prospects
On Monday, the red metal closed at US $ 2.96 a pound, its highest value since March 2019. At Goldman … Read More
Interview – Historias del Futuro
Plusmining · Radio El Conquistador – 13.07.2020
Chile struggles to maintain copper production as coronavirus spreads among workers
Workers at Chile’s giant copper mines are caught between the urge to protect themselves and pressure to keep the country’s … Read More
Consolidation of the Chinese reactivation leads copper to recover pre-pandemic levels
Yesterday the main export of the country closed at US $ 2.81 a pound and so far this year it … Read More
Copper demand would fall by 1.4 million tons this year, and consumption recovery could take up to four years due to the pandemic
While China is picking up somewhat on its demand for the red metal, the global contraction will push consumption down … Read More
Copper: A guarantee seal in the field of health and the environment
That copper is an important ally in the health area and nobody doubts it. Today, this metal has become a … Read More
Hidden costs of maintaining production in pandemic begin to emerge in the copper industry Chile
The copper industry in Chile, the world’s largest producer, is nearing a turning point as the coronavirus expands in the … Read More
Chuqui halts smelter, spike in contagion puts mining production at risk
This year alone, around 300,000 tons of fine copper would be lost and the impact would extend to 2021. The … Read More
Mining operates with half of the endowment and Antofagasta Region leads contagions in the sector
Although for now the effect on production is marginal because a large part of the paralyzed staff belongs to investment … Read More
Codelco announced the stoppage of smelter in Chuquicamata mine due to Covid-19
Company reported that the measure will imply the reduction of 400 workers. This involves stopping activities at the smelter and … Read More
Mining sector operates with about 50% of its face-to-face endowment and actors project how much activity would fall in 2020
According to data from the Sonami, as a result of the escalation of the pandemic, currently 90 thousand workers in … Read More
The “fragile” breath that copper gives to public finances
Experts do not know whether or not to sing victory yet, as global uncertainty still persists. Copper has been one … Read More
Mining companies monitor quarantine expansion and evaluate actions to maintain operation
“The most likely scenario is that events in Chile affect the price of copper,” says expert Juan Carlos Guajardo. The … Read More
Codelco halts projects in northern tasks and withdraws 45% of Chuquicamata personnel
The mining company said it will make efforts to maintain its productive level so as not to affect the resources … Read More
Copper reached its highest price since January
The red metal was trading at $ 2.64 a pound, up for the fifth consecutive week. Mining Minister Baldo Prokurica … Read More
Pandemic will delay between 8 and 12 years that Chile achieves the level of GDP per capita that developed countries have
Expert estimates based on data from the IMF and the Central Bank. With projections prior to the October crisis, the … Read More
Why is the price of copper rising even in a pandemic? – Opinion Article
As Latin America is in the worst phase of the pandemic, it is lost sight of that most of the … Read More