Articles Tagged "Chile"

Chile Records Dip in Copper Production For November

Reuters reported that top copper exporter Chile saw production drop 7.3 percent this November in a year over year comparison. That makes for the fifth straight month of falling production numbers.

Copper Miners Nervously Awaiting New Chilean Labour Bill

Reuters reported that the Chilean government is set to deliver a new labor bill to congress this month. Details of the bill have not been released, but the government has said it wants to strengthen unions, which could raise labour costs for miners such as BHP (NYSE:BHP) Anglo American (LSE:AAL) and state run Codelco.

Chilean Government Moves to Help Codelco

The Chilean government has passed a law to aid state-owned copper miner, Codelco, according to Mining.com. The company will receive a special contribution of US$4 billion over the next four years.