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
Industry agrees that the increase in the price of copper must be watched with caution
Although the rise of the red metal began to appear since the end of March and intensified during the last … Read More
Peruvian miners resume works and seek to bridge gap with Chileans
To date, thanks to the operational continuity of the local industry, the differences have been stretched. However, there is concern … Read More
After a decade on the rise, lithium demand will drop for the first time since the subprime crisis
Experts project a drop in demand for the metal for the year of around 5%, which would be concentrated in … Read More
Pandemic could mean 5% less mining production
Despite the fact that countries such as China, the main global copper consumer, have begun to reactivate their economies, it … Read More
Copper price gives relief to fiscal incomes, but experts see latent risks
The red metal is up 18% from its lowest level recorded in March, but insiders point to it being close … Read More
Measures taken by mining industry to contain Covid-19 will reduce copper production by 5.5% this year
According to a study by the consulting firm Plusmining, the main factors that influence are the cuts in staff and … Read More