Escondida copper mine hit by strike, Chile on edge | Argus …

2019-10-22 · Workers at UK-Australian BHP´s Escondida copper mine in Chile went on strike today in solidarity with a broad-based popular uprising that has swept across the country.

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Chile mine strike raises fears for copper supply | Financial …

The Escondida mine, located in the Atacama desert in Chile, accounts for around 7 per cent of global copper production. Although the strike has been, …

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METALS-Copper up on dollar, strike possibility in Chile

2021-5-20 · Copper prices rose on Thursday as a softer dollar and worries about a strike in Chile spurred purchases, but plans by top consumer China to manage the supply, demand and prices of commodities ...

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Strike enters fifth day at 2 BHP copper mines in Chile

2021-5-31 · SANTIAGO, May 31 (Reuters) - A strike by workers for BHP''s Escondida and Spence copper mines in Chile entered its fifth day on Monday, as the union awaited a decision by labor authorities over whether substitute workers the company called in are legal, a union leader told Reuters. The 200-member union, which runs BHP''s Integrated Operations ...

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METALS-Copper rises as Chile strike threat sparks supply …

2021-8-6 · Aug 6 (Reuters) - Copper prices climbed on Friday, underpinned by supply worries as workers at the world''s largest copper mine in Chile were asked to prepare for a strike over contract issues ...

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Copper surges to record highs

2021-5-10 · Southern Hemisphere Mining Limited is poised to expand their current copper foothold in Chile as the copper price continues to surge – hitting record highs of in excess of US$10,000 per ton this week (10/05/21).. The …

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Workers at world''s biggest copper mine in Chile agree to …

2021-8-1 · Santiago (AFP) –. Advertising. Workers at the world''s biggest copper mine, Chile''s Escondida, have approved a strike after rejecting the final …

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Copper price extends decline despite possible Chile strike

2022-6-17 · The copper price extended its decline on Friday despite the prospect of a strike in the world''s biggest producer Chile and signs of improvement in …

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Copper slips as strike fears fade in Chile | Seeking Alpha

2021-9-14 · Copper prices closed lower after mining companies in Chile resolved a series of labor conflicts in quick succession. Workers at Codelco''s Andina mine agreed on Friday to …

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Microcap Culpeo surges on copper hit in Chile

2022-6-6 · Microcap Culpeo surges on copper hit in Chile. SHARES in Culpeo Minerals have leapt after the company reported a headline-grabbing 173m drill intercept grading 1.05% copper from the Lana Corina project in Chile. The true width of the mineralisation isn''t known.

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METALS-Copper rises as strike fears and Chinese data …

2021-5-27 · U pdates throughout, moves dateline from HANOI. LONDON, May 27 (Reuters) - Copper prices rose on Thursday, helped by the threat of strikes at mines in top producer Chile and an easing of fears ...

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METALS-Copper rises on supply disruption fears at …

2021-8-10 · Aug 10 (Reuters) - Copper advanced on Tuesday on worries of supply disruptions at Chile''s Escondida, the world''s biggest copper mine, as mediation talks in hopes of preventing a strike were extended.

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Biggest copper miners on strike | The Manila Times

2021-8-3 · The 2017 strike, which lasted for 44 days and was the longest in Chile''s mining history, contributed to a 1.3-percent decline in GDP. With annual production of some 5.6 million tons, copper accounts for 10-15 percent of the South American country''s GDP, half its yearly exports and employs eight percent of the workforce.

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Workers at world''s biggest copper mine in Chile agree to …

2021-8-1 · SANTIAGO, Aug 1 — Workers at the world''s biggest copper mine, Chile''s Escondida, have approved a strike after rejecting the final contract offer proposed by multinational owners BHP. Chile is the world''s top producer of copper, making up 28 per cent of global output.

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Copper surges as mine strike continues | Financial Times

Copper prices rose strongly on Monday as striking workers at the world''s largest copper mine in Chile rejected an improved wage offer from BHP Billiton and took their dispute into its third week.

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Strike at BHP''s Chile copper mines continue, no end in sight

2021-6-1 · B y Fabian Cambero. SANTIAGO, May 31 (Reuters) - A strike by workers for BHP''s Escondida and Spence copper mines in Chile entered its fifth day on Monday, as the union awaited a decision by labor ...

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Is Copper Really an Economic Bellwether?

2022-7-29 · These fears stem from copper''s role as an economic bellwether: dropping copper prices are often thought to portend grim economic prospects. ... In 2017, workers at the world''s largest copper mine, Escondida in Chile, went on strike for 44 days. "Obviously, there was a jump in the copper price that was not correlated with global industrial ...

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Workers at world''s biggest copper mine in Chile agree to …

2021-8-1 · The 2017 strike, which lasted for 44 days and was the longest in Chile''s mining history, contributed to a 1.3-percent decline in GDP. - ''Decisive wake-up call'' - With annual production of some 5.6 million tons, copper accounts for 10-15 percent of the South American country''s GDP, half its yearly exports and employs eight percent of the workforce.

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Chile: agreement to avoid strike in the world''s largest …

2021-8-14 · Santiago de Chile (AFP) The main union at the Escondida mine, which produces the largest amount of copper in the world in northern Chile, announced on Friday that its members had agreed to a deal with the Anglo-Australian group BHP to avoid a strike. The union, which brings together more than 2,000 workers, said its base had approved "almost ...

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Chilean copper strike | Business News | tucson

2021-7-23 · The copper mine cuts a deep bowl into Chile''s Atacama Desert, bordered by the Andes on the east and the Pacific Ocean on the west, outside of Antofagasta, 870 miles north of Santiago. Oscar Moreno ...

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Copper surges on Escondida strike

2017-2-13 · Copper surges on Escondida strike . ... BHP lays out potential $10B investment in Chile. Events Coverage 30 MAR 2022. ... Operating risk at many copper mines ''elevated'' Research 13 AUG 2021. Base metals rise to December highs. Capital markets 09 DEC 2021. More from this Section. Mining sector closes up on ASX underpinned by lithium. Capital markets

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Lundin copper miners begin strike in Chile after wage talks …

2020-10-8 · Members of a union at Lundin Mining Corp.''s Chilean copper operation began a strike after a breakdown in wage negotiations that are being tracked by several other mines in the metal''s top-producing nation. About 350 members of the Mina Union downed tools Thursday at the Candelaria mine. The company said that while it respects the right to ...

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Copper faces threat of Chile mine strike | Financial Times

Copper markets were facing the prospect of production shutdowns at Chilean mines accounting for about 14 per cent of global output, as workers at …

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Chilean copper mines negotiate to avert strike, threats …

2021-8-3 · Last year, Escondida produced 1.187 million mt of copper in cathode and concentrate. BHP owns 57.5% of the mine with Rio Tinto and Japanese consortia owning the balance. One of the largest and most militant unions in Chile''s mining industry, the Escondida union last went on strike in early 2017, halting production for over a month.

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Chile: miners of one of the world''s largest …

2021-8-18 · 2 min. Three unions of the Chilean public company Codelco, have started a strike after the rejection of the proposals of the management of the Andina copper mine, one of the largest in the world. Chile is the world''s largest …

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Union at Caserones copper mine in Chile to strike after …

2021-8-10 · Fabian Cambero Reuters. Published. Aug 9, 2021 5:32PM EDT. Workers at JX Nippon Copper''s Caserones mine in Chile will walk off the job beginning on Tuesday after last-ditch talks over a collective ...

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Copper Producers Step Up Campaign Against Chile …

2022-7-29 · The government bill includes a 1-2% tax on sales for companies that produce 50,000 to 200,000 metric tons of copper a year, and 1-4% for those that produce more than 200,000 tons. A second component is a sliding scale of between 2% and 32% on profits, which depends on copper prices. If approved, the changes would come into force partially in ...

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Chile Strike Action Causes Spike in Copper Price

2021-5-28 · The BHP workers are remote controllers for parts of the mining and concentrators at Escondida and Spence mines. Escondida is the world''s biggest copper mine. The irony of workers exercising their rights to strike for higher pay would be lost in the workers'' paradise that the Chinese Communist Party claims China is these days.

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Copper boosted by planned labour strikes at Chile mines

2021-5-27 · Copper prices gained on Wednesday as a planned labour strike at the world''s biggest copper mine in Chile threatened already low global supplies of the metal. Benchmark copper on the London Metal ...

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Copper MMI: Fears over tight copper market, Chile mining …

2021-8-9 · The LME three-month copper price increased by 3.9% month-over-month to $9,775 per metric ton as of Aug. 1. Chinese copper scrap jumped by 5.4% to $9,813 per metric ton. Similarly, Chinese primary ...

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METALS-Copper rises on Chilean supply risk as workers go …

2021-8-13 · Aug 13 (Reuters) - London copper prices advanced on Friday, on track for a weekly gain, after workers at two mines in top producer Chile went on …

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