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By Pratima Desai and Julian Luk LONDON (Reuters) - Chile's Codelco, the world's largest copper producer, is reassessing the cost structure at its mine projects, its chairman said on Friday, given recent overruns. Chairman Maximo Pacheco also told R...
By Pratima Desai and Julian Luk LONDON (Reuters) - Chile's Codelco, the world's largest copper producer, is reassessing the cost structure at its mine...
Chile's Codelco, the world's largest copper producer, will meet its financial obligations despite headwinds from a series of operational problems and from high levels of debt and investments, JPMorgan said on Tuesday. Codelco's copper production fell in 2022 to its lowest level in 25 years, exacerbated in part by delays to key projects for extending the lives of its mines. "We believe Codelco will be able to meet all of its financial obligations despite the elevated capex budget and operational issues it has faced that has led to reduced production and increased unit cost...
Chile’s leading copper producer, Codelco, is finding itself in troubled waters. This is according to a report by Chile’s Centre
Chile's Codelco, the world's largest copper producer, is at risk of insolvency due to rising costs and a growing debt pile stemming from projects that missed output targets, Chile's Centre for Copper...