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The mining giant has been evaluating the possibility of a bid for the London-listed group, where shares have fallen 12 per cent over the last year.

By Daina Beth Solomon and Julian Luk SANTIAGO (Reuters) - Chile's state-run copper miner Codelco is poised to improve production this year and begin to climb from its lowest dip in a quarter century, the head of Chilean copper studies center CESCO ...

By Daina Beth Solomon and Julian Luk SANTIAGO (Reuters) - Chile's state-run copper miner Codelco is poised to improve production this year and begin to climb from its lowest dip in a quarter century, the head of Chilean copper studies center CESCO ...

Chilean President Gabriel Boric told a major copper industry conference on Wednesday he expects production at state-run miner Codelco to grow slowly this year and reach 1.7 million metric tons by 2030, and that he sees copper prices rising. "The Codelco production will rebound," he said, offering a vote of confidence for the country's top copper producer whose output last year hit a quarter-century low, at 1.325 million metric tons. At a time when global companies have raised concern about long approval times for new mines and expansions, he said Chile, the world's bigge...

Analysts think run should continue for at least the next three years