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CRU-CESCO-Anglo American says output on track at Chilean mines despite virus surge

3 Min Read SANTIAGO, April 12 (Reuters) - A resurgence of COVID-19 in Chile should not dampen output at Anglo American´s sprawling copper mines in the Andean nation this year, nor is it likely to pose near-term supply chain problems, the company’s top executive in Chile told Reuters. Aaron Puna, who took over as CEO of Anglo American in Chile in 2019, said its Chilean operations had weathered the pandemic in top shape, and said they were well-prepared to confront the latest surge in cases and restrictions. “No concerns at this point,” Puna said in an interview. “We’re expecting.we’ll deliver exactly as budgeted.”

Chile copper production down 0.7% year on year in January

Chile copper production down 0.7% year on year in January Chile produced 457,100 tonnes of copper in January, down by 0.7% from 460,100 tonnes in the same month in 2020, the Chilean copper commission, Cochilco, said on Tuesday March 2. A decline in output at the BHP-majority-owned Escondida copper mine - the world’s largest – is likely to be the main reason for the small decline, with production there falling 11.6% to 84,700 tonnes in the first month of 2021, down from 100,900 tonnes in the corresponding period of 2020, according to Cochilco data. The world’s biggest copper producer, meanwhile - the government-owned Codelco - reported output of 142,000 tonnes in January, a 19.4% year-on-year increase from 118,900 tonnes in January 2020.

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