SANTIAGO – Workers at Chile’s Escondida copper mine, the world’s largest, ended a 24-hour strike on Friday but could put down their tools again next week over the company’s planned layoffs, the union said. Their […]
SANTIAGO – Workers at Chile’s Escondida copper mine, the world’s largest, began Thursday a 24-hour strike to protest recent layoffs affecting about 3% of the operation’s workforce. On Wednesday, majority owner and operator BHP (ASX, […]
SANTIAGO – Heavy rains lashed the high altitude desert region of Antofagasta overnight and into Wednesday, suspending key operations at major mines in northern Chile. BHP Billiton’s Escondida, the world’s biggest copper mine, said it […]
SANTIAGO – Chile reported an unexpectedly low wine harvest in April, contributing to the country’s weakest industrial output reading in nearly three years, according to government data published Tuesday. Chilean manufacturing production fell 7.5 percent […]
SANTIAGO – Copper prices lost ground in April, compounding the slight fall observed in March. Copper prices averaged U.S Dollar 2.58 per pound (equivalent to $5,682 per ton) in April, representing a 2.5% monthly decline […]
SANTIAGO – Chile will produce just under 5.6 million metric tons of copper this year, up 0.8% from 2016, as the recent strike at the giant Escondida mine wiped out much of an expected increase […]
SANTIAGO – A historically long 43-day strike at BHP Billiton’s (ASX, NYSE:BHP) (LON:BLT) Escondida copper mine in Chile, the world’s largest, will have less of an impact in the country’s overall annual production that originally […]
SANTIAGO – BHP Billiton has decided to suspend work indefinitely at projects linked to its Escondida mine in Chile in a result of the “permanent blockades” that have prevented the subcontractors from going back to […]
The labor union at the world’s largest copper mine, BHP Billiton’s Escondida in Chile, called a fresh offer of talks by management to end a 39-day strike “manipulative.” The union told Reuters on Sunday that […]
Chile’s Escondida has agreed to meet with its union and made changes to its contract offer, it said on Friday, a move that could herald the first real sign of a breakthrough in a strike […]
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