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SANTIAGO ;Although no details were offered, a company source has said that the state-owned mining corporation Codelco, which is the worlds largest copper producer, has reached an agreement with workers the Gabriela Mistral mine – bringing an end to collective bargaining negotiations. ...
SANTIAGO.- Codelco, the world’s largest copper producer, said Thursday that its Andina and Salvador divisions would remain closed on the beginning of the ninth day of strikes being held by subcontracted workers.
Andina and Salvador, which are Codelco´s smallest divisions, “will remain closed”, a...
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SANTIAGO ;Subcontracted employees, whose protests took a toll on Codelco´s production last year, have said they are prepared to wage “any battle” after having approved a strike that could come into effect at any moment.
The copper markets are paying...
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LONDON ; The Chilean mine owned by the Luksic Antofogasta PLC group announced today that its annual pre-tax earnings have fallen by 3.8% (a figure slightly below market estimates) and indicated that costs are expected to increase this year. ...
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SANTIAGO ; A power outage attributed to an electrical failure briefly affected several neighborhoods in the southern part of Santiago on Wednesday. The blackout comes amidst fears of electrical rationing due to a decrease in reservoir water levels and...
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SANTIAGO ;The market is currently working under the assumption that the Central Bank will maintain the interest rate at a stable 6.25% after inflation and growth figures have been reported at below predicted levels.
In a poll taken by Reuters yesterday,...
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Codelco keeps Andina and Salvador mines closed