Codelco

Better scenario for copper companies

November 2017:  Copper serves as a global barometer of industrial activity and this month the price surpassed the US$7,000/t barrier for the first time since 2014. The momentum in global economic growth and low supply…


In tough times, tough decisions

Way back at the start of the year around 10% of the world’s copper output had production costs above the prices of the metal. Since then, the price of the red metal, Chile’s main export…


Off-limits

Chile is home to around 23,000km2 of glaciers, equivalent to 80% of the glaciers in South America. The vast majority, measured by surface area, are located in Regions XI and XII, home to the giant…


Scaling back

Once upon a time, size mattered in mining. With metals prices in the clouds and Chinese demand seemingly insatiable, engineers looked at each deposit through the lens of producing as much and quickly as possible….


Tough nut to crack

Twelve months ago, Chile’s new government caused a stir with the announcement that it was studying changes to the mining property in order to facilitate mineral exploration and encourage the entry of new players. But…



Hard rains

The cold front, which developed into a cold nuclei, dumped a year’s worth of snow and rain on the Atacama Region in just a couple of days. Within hours raging torrents of mud and water…