Chilean mine work stoppages could affect copper pricing

Antofagasta PLC is experiencing labor-management problems at two large mines.

Potential mid-July work stoppages at two copper mines in Chile could pinch the supply of the red metal and raise its price, provided the labor-management differences are not settled quickly.

 

According to an online report from Reuters, labor negotiations at two large mines in Chile owned by United Kingdom-based Antofagasta PLC are reaching a point where workers or supervisors could soon strike.

 

Reuters says workers at Antofagasta’s Zaldivar mine and supervisors at its Centinela mine site will be voting by mid-July on whether to strike.

 

The combined annual production at the two mines is up to 285,000 metric tons of copper, according to the Antofagasta website, which lists Centinela as the second largest mine it operates.

 

On its website, Antofagasta says “the bulk” of its operational footprint is in Chile, with Centinela and Zaldívar among the four mines listed there. 

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An elevated cab is one of several features improving operational efficiency at the Macon County Solid Waste Management agency in North Carolina. When it comes to waste management, efficiency, safety and reliability are priorities driving decisions from day one, according to staff members of the Macon County Solid Waste Management Department in western North Carolina. The agency operates a recycling plant in a facility originally designed to bale incoming materials. More recently, the building has undergone significant transformations centered around one machine: a SENNEBOGEN telehandler (telescopic handler).

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An elevated cab is one of several features improving operational efficiency at the Macon County Solid Waste Management agency in North Carolina. When it comes to waste management, efficiency, safety and reliability are priorities driving decisions from day one, according to staff members of the Macon County Solid Waste Management Department in western North Carolina. The agency operates a recycling plant in a facility originally designed to bale incoming materials. More recently, the building has undergone significant transformations centered around one machine: a SENNEBOGEN telehandler (telescopic handler).

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An elevated cab is one of several features improving operational efficiency at the Macon County Solid Waste Management agency in North Carolina. When it comes to waste management, efficiency, safety and reliability are priorities driving decisions from day one, according to staff members of the Macon County Solid Waste Management Department in western North Carolina. The agency operates a recycling plant in a facility originally designed to bale incoming materials. More recently, the building has undergone significant transformations centered around one machine: a SENNEBOGEN telehandler (telescopic handler).

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