Copper – Mining Weekly reported that operations have resumed at Codelco's Andina mine after a protest from workers earlier this week.
Articles Tagged "Codelco"
Copper – Reuters reported that Codelco's CEO remains optimistic about the long-term future for copper prices, but expects the short term to be volatile.
Here's a look at current and upcoming block-caving mines as well as an analysis of how to tell whether a block-caving operation is a good investment.
Copper – Mining Weekly reported that Codelco workers went on a 24-hr strike on Tuesday to protest for more job security and a safer working environment.
Copper – Amid dismal economic data out of Europe, copper made slight gains from an eight-month low as Chile’s port strike caused a supply squeeze.
Copper – Mineweb reported that copper heavyweight Codelco has declared force majeure at a Chilean mine that is in the throws of labour unrest.
Copper – Bloomberg reported that a strike at one of the main export hubs for Codelco is spreading, forcing them to seek alternative shipping arrangements. As quoted in the market report:
Copper – Copper was put through the wringer this week, pushed to a seven-month low as Cyprus considered — and rejected — a bank bailout that could have triggered a run on banks across Europe. At the end of the week, modest growth in China’s manufacturing sector and robust home sales in the US brought some relief.
Copper – Bloomberg reported that a port strike in Northern Chile is resulting in shipment delays.
Copper – Copper regained some ground on Thursday on positive signs in the US housing and jobs markets, but investors remain restrained, waiting for clear signs of strong demand from China.