Page 149 - Codelco News Today

Copper Output May Suffer If Pandemic Drags On, Chile Group Says Bloomberg 1/21/2021 James Attwood (Bloomberg) -- Top copper producer Chile managed to navigate the pandemic disruptions that stalled mining in other countries, churning out more metal last year than in 2019. That helped keep Chinese refineries supplied at a time of market tightness and high prices. But while Chile is well prepared to operate through a second wave of infections, eventually output could suffer, acco...

6 Min Read SANTIAGO (Reuters) - When Chile voted in October to scrap its constitution written during the dictatorship of Augusto Pinochet, residents of the South American nation’s “sacrifice zones” were among the strongest supporters of change. People enjoy the beach in front of a thermoelectric plant at Las Ventanas area, Valparaiso, Chile, February 16, 2020. Picture taken February 16, 2020. REUTERS/Pablo Sanhueza In those five heavily industrialized areas, established from the 1950s to ...

19 January: Find out what's been happening in Latin America with our latest news update.

Copper futures jump 0.92% to Rs 610.85 per kg, experts see further upside In the futures market, copper for January delivery touched an intraday high of Rs 612.45 and a low of Rs 605.40 per kg on the MCX. Mumbai / January 18, 2021 / 05:42 PM IST Copper prices soared to Rs 610.85 per kg on January 18 as participants increased their long position as seen by the open interest. The base metal extended gain after a flat-to-positive open on a rebound in China’s GDP data. Copper had declined Rs...

The exports of copper-content products almost tripled in 2020 due to the pandemic.

Ian Salas—EPA/Shutterstock.com The collapse At approximately 2:00 pm a cave-in occurred at the San Jose mine following warnings of disturbances earlier in the day. The mine, opened in 1889, had been the site of numerous earlier accidents, including an explosion in 2007 that killed three miners. Little was done to improve conditions before the mine was reauthorized for continued excavation by Chile’s National Geology and Mining Service (Servicio Nacional de Geología y Minería; Sernageomin)...

Advertising Image: Escondida copper mine, Atacama Desert, Chile. Source: BHP January 2021 — Myth Buster As some aspects of the pandemic recede, or at least as some businesses...

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...

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Copper prices climbed to their highest in nearly eight years on Wednesday amid hopes for more U.S. stimulus as Democrats edged closer to taking control of the Senate.