Codelco Update 1 News Today

Fabian Cambero (Adds further detail from Codelco statement) SANTIAGO, Feb 26 (Reuters) - Chile´s Codelco, the world´s top copper producer, reported pre-tax profits of $2.078 bln in 2020 and said it had upped output from its own mines by 2% to 1.618 mln tonnes, despite being forced to rely on skeleton crews for almost half the year amid strict measures aimed at curbing the coronavirus outbreak. The 55% increase in profits came amid a surge in global metal prices and higher sales as global mark...

By Reuters Staff (Adds statement from Codelco regarding no impact on production) SANTIAGO, Jan 14 (Reuters) - Chile’s state-owned Codelco, the world’s largest copper producer, said on Thursday it would once again ratchet up precautionary measures against the coronavirus at its mines amid a recent uptick in infections in the South American nation. The measures, which include a reduction in personnel, come several months after the miner had resumed normal operations following the peak of cont...