South Africa hit by investment strike, key mining employer says
More than 200 days of power cuts last year and blackouts every day so far in 2023 have dented confidence.
Chile copper output dragged down by Codelco, Collahuasi in April
The Collahuasi mine in Chile is one of the largest copper mines in the world. (Image: Anglo American)
Chile’s copper production fell in April, government body Cochilco said on Thursday, with state-owned giant Codelco seeing output down 6.1% year-on-year to 116,000 tonnes and Collahuasi’s production dropping by a sharp 26.5%.
Collahuasi, a venture involving Glencore and Anglo American, produced 42,000 tonnes in the period, while output from another major mine, Escondida – which is controlled by BHP – rose 2.6% to 88,000 tonnes.
Chile’s total copper production in the month fell 8.9% to 420,000 tonnes, Cochilco said in a report. The Andean country is the world’s top copper producer.
(By Fabian Andres Cambero and Gabriel Araujo)
Related Article: Chile starts sanction process against Los Pelambres copper mine
Mining.com Recommends
Newmont’s bid for Newcrest marks new era of mining mega deals
Newmont’s all-stock offer would be the largest gold mining takeover ever.
Anglo American CEO urges public-private fix to Transnet crisis
Transnet has been unable to meet demand for freight trains to transport iron ore, coal and other commodities.
Global copper smelting climbs in January to one-year peak – satellite data
January is traditionally a strong month for copper production in China, while favourable economics also provided a boost.
Comments