Copper Investing News» Chile

Chile’s Codelco Faces Mine Protests

Charlotte McLeod — Thu, 17 May 2012 17:09:01 +0000

Bloomberg reported that Chilean copper mines owned by Chile's Codelco have faced protests regarding job security. The Collahuasi mine, owned by Anglo American plc (LSE:AAL) and Xstrata plc (LSE:XTA) and also located in Chile, has been unaffected.

Promising Results for Southern Hemisphere’s Chile Copper Project

Charlotte McLeod — Wed, 16 May 2012 16:54:24 +0000

Southern Hemisphere Mining Ltd. (ASX:SUH,TSXV:SH) announced that recent drill results from its Llahuin copper project in Central Chile indicate the potential for a high-grade area in the Central Porphyry zone.

All Grade to Acquire Chile Copper Project

Charlotte McLeod — Wed, 16 May 2012 16:42:06 +0000

All Grade Mining Inc. (OTCQB:HYII) announced that will be acquiring the Jose Del Transito copper project in Chile. The company plans to take control of the mine in the next few weeks.

Energy Shortage Challenges Chile’s Copper Outlook

Shihoko Goto — Wed, 02 May 2012 11:15:01 +0000

Chile is facing increasing difficulties in keeping up with ever-growing energy demand from major copper producers. Some mining groups may be pushed to secure their own energy needs as Chile remains one of the most lucrative site for copper producers.

Copper Suffers on European Commission Recession Prediction

Shihoko Goto — Fri, 24 Feb 2012 12:00:49 +0000

Copper prices were weighed down amid of the expectation of another recession in Europe despite the latest Greek bailout package. China's sluggish manufacturing sector too is putting downward pressure on red metal.

Copper Rises as Fed Seen Keeping Low Rates Until 2014

Shihoko Goto — Fri, 27 Jan 2012 12:00:37 +0000

Copper gains on expectations that the Federal Reserve will keep rates low until 2014 in order to keep the US economy's path to recovery on even keel.

Top 10 Copper Producing Companies

Shihoko Goto — Fri, 13 Jan 2012 12:00:00 +0000

The still-sluggish economy will challenge copper producers in 2012, but they continue to race to raise output as demand is seen to outstrip supply.

Copper Production for Chile Forecast at 5.5 Million Tons

Jessica Oman — Wed, 21 Dec 2011 05:04:35 +0000

Platts reported that SONAMI sees Chile's 2012 copper production at 5.5 million tons.

Top Copper Producer Codelco Raises Output Through September

Jessica Oman — Fri, 25 Nov 2011 18:54:52 +0000

Bloomberg reported that production at Codelco's mines in Chile is up through September 2011.

Eurozone Crisis Weighs Down Copper Demand, but Bulls Run On Outlook

Shihoko Goto — Fri, 18 Nov 2011 01:33:03 +0000

The Eurozone's woes continue to keep copper prices down, but optimism prevails as many analysts see global demand rising over the next year.