Codelco

Type: Company
Name: Codelco
First reported 7 hours ago - Updated 27 mins ago - 1 reports

Commodities Buzz: Lundin Mining Purchases Freeport McMoran Candelaria Copper Mine

Lundin Mining has informed that it has purchased Freeport McMoran Copper Candelaria Mine. The purchase was made for $ 2 billion. The sale by Freeport has been made in order to reduce the debt burden that ranges to $ 20.9 billion.The Candelaria mine had ... [Published India Infoline - 7 hours ago]
First reported Jul 11 2014 - Updated Jul 11 2014 - 1 reports

Customised RX22 for Caletones

Mining Magazine Friday 11th July, 2014A customised RX22 hydraulic breaker from Chicago Pneumatic has been chosen for use in a demanding kiln cleaning application at a leading copper mine in Chile. The rig-mounted hydraulic breaker, which is modified ... [Published Canada Standard - Jul 11 2014]
Entities: Copper, Mining, Nettle, Codelco
First reported Jul 11 2014 - Updated Jul 11 2014 - 1 reports

Lundin Mining acquires Freeport-McMoRan copper mine in Chile — report

Candelaria mine is Freeport's fifth biggest copper mine overall by number of union employees and second biggest in Chile.Canadian Lundin Mining (TSX:LUN) is said to have bought Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) Candelaria copper mine in Chile, ... [Published Mining.com - Jul 11 2014]
First reported Jul 10 2014 - Updated Jul 11 2014 - 3 reports

Chile’s Codelco Opens Bidding Process for $2.3 Billion Fuel Contract

SANTIAGO – Chilean state-owned miner Codelco has launched a bidding process for a $2.3 billion contract to supply fuel to the world’s largest copper producer.The contract includes fuel supply, transport, storage, internal distribution services, automatization ... [Published Latin American Herald Tribune - Jul 11 2014]
First reported Jul 09 2014 - Updated Jul 10 2014 - 2 reports

Chile's Codelco opens bidding process for $2.3 bn fuel contract

Chilean state-owned miner Codelco has launched a bidding process for a $2.3 billion contract to supply fuel to the world's largest copper producer. The contract includes fuel supply, transport, storage, internal distribution services, automatization and ... [Published Individual.com - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Copper trading range 428.1 437.5 down at 431.4

Copper is getting support at 429.8 and below same could see a test of 428.1 level, and resistance is now likely to be seen at 434.5, a move above could see prices testing 437.5.July 10, 2014 11:21MUMBAI: Copper settled down -0.7% at 431.4 after data showed ... [Published CommodityOnline - Jul 10 2014]
First reported Jul 09 2014 - Updated Jul 09 2014 - 6 reports

Codelco inks new metals recovery plant agreement

Chilean state copper producer Codelco signed an agreement with Japanese-South Korean consortium LS-Nikko Copper to build a new metals recovery plant in the northern city of Mejillones, in Antofagasta region (II).The new plant will produce gold and silver ... [Published Business News Americas - Jul 09 2014]
Entities: Codelco, Tellurium, Copper
First reported Jul 09 2014 - Updated Jul 09 2014 - 1 reports

Spain Business Brief - Tuesday July 8 2014

A huge argument of the Government's express reforms, the wit of Jeaaro García owner of the bankrupt Gowex and the Businessmens Circle harshly criticise the Governments fiscal reformTue Jul 08, 2014 - 20:19The opposition is opposing in block an economic ... [Published Typically Spanish - Jul 09 2014]
First reported Jul 08 2014 - Updated Jul 08 2014 - 2 reports

Chile’s Codelco to produce over 300 tons of silver this year

Ministro Hales copper-silver mine. Panoramic. Silver production at Chile's Codelco, the world's largest copper miner, went up by over 38% in the first five months of 2014, compared to the ... ... [Published Canada Standard - Jul 08 2014]
Entities: Codelco, Jalapeño, Silver
First reported Jul 07 2014 - Updated Jul 07 2014 - 1 reports

Block Caving: Mining Specialization

While block caving is not a new concept, it needs the right combination of geology and technology to make it work successfullyWriting the introduction to a special edition of the Transactions of the U.K.’s Institution of Materials, Minerals and Mining ... [Published Engineering And Mining Journal - Jul 07 2014]
First reported Jul 07 2014 - Updated Jul 07 2014 - 1 reports

Codelco continues EM euro charge

In a week in which Indonesia and Turkish lender Garanti Bank also debuted in euros, A1/AA-/A+ rated Codelco (Corporación Nacional del Cobre) was the highest-rated EM name to hit the single currency.There was particularly strong demand from investment-grade ... [Published GlobalCapital - Jul 07 2014]
First reported Jul 01 2014 - Updated Jul 02 2014 - 3 reports

Chile announces $200m funding for Codelco to refurbish aging copper mines

The Chilean Government has announced that it will provide $200m of funding for the state-owned copper mining firm Corporacion Nacional del Cobre (Codelco), to support its refurbishment plans for aging copper mines.The finance ministry was quoted by Bloomberg ... [Published Mining Technology - Jul 02 2014]
Entities: Codelco, Copper, Jalapeño

Quotes

Dr. Klaus Zeitler, Amerigo's Chairman and CEO, stated, "We are extremely pleased to announce the receipt of the environmental approval for the Cauquenes expansion, and I congratulate our entire team for their excellent work in reaching this major milestone. This approval now clears the way for the finalization of contracts for financing, long-term power supply, concentrate sales, and engineering procurement and construction. We continue to expect to break ground before the end of 2014."
...In fact, during the February 10, 2014 Interim Earnings Presentation, Brian Hodges (Bradken's Managing Director) noted that "Bradken's actively pursuing opportunities which increase our scale or diversify our consumable product offerings, provided they fit with the business model. We're happy to move resources but not the rest of the model which is about differentiated wear parts"
Commenting on the on-going successful operation of the RX22, James Nettle, Marketing Manager for , said: "Today the breaker is working at optimum condition without problems, and our customer is very happy as a result. Since switching to the RX22 the wear of the breaker box has decreased, as well as hose consumption, and the hydraulic breaker now performs more efficiently with less parts used in the process."
"The main goal of the bidding process is to maintain Codelco's competiveness, favoring long-term contracts under conditions that encourage the participation of the largest number of bidders" Andres Alonso, Codelco's energy and water resources chief, said

More Content

All (150) | News (135) | Reports (0) | Blogs (12) | Audio/Video (1) | Fact Sheets (1) | Press Releases (1)
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Amerigo Announces Receipt of Environmental Appr... [Published The CW11 - 5 hours ago]
Commodities Buzz: Lundin Mining Purchases Freep... [Published India Infoline - 7 hours ago]
Peru set to become world’s second largest coppe... [Published Mining.com - 22 hours ago]
Alloy Steel International: 200% - 300% Upside W... [Published Seeking Alpha - Jul 12 2014]
Customised RX22 for Caletones [Published Mining Magazine - Jul 11 2014]
Lundin Mining acquires Freeport-McMoRan copper ... [Published Mining.com - Jul 11 2014]
Customised RX22 for Caletones [Published Canada Standard - Jul 11 2014]
Chile’s Codelco Opens Bidding Process for $2.3 ... [Published Latin American Herald Tribune - Jul 11 2014]
Customised hydraulic breaker from Chicago Pneum... [Published Mining Weekly - Jul 11 2014]
Global Industry Analysis of Copper Mining Marke... [Published MyNewsDesk - Jul 11 2014]
Chile's Codelco opens bidding process for $2.3 ... [Published EFE - Jul 11 2014]
Oil & Gas - Chile - Chile's Codelco launches US... [Published Business News Americas - Jul 10 2014]
Chile's Codelco opens bidding process for $2.3 ... [Published Individual.com - Jul 10 2014]
Deals of the day- Mergers and acquisitions [Published Reuters - Jul 10 2014]
Copper trading range 428.1 437.5 down at 431.4 [Published CommodityOnline - Jul 10 2014]
Codelco inks new metals recovery plant agreement [Published Business News Americas - Jul 09 2014]
Chilean miner Codelco launches $2.3 bln fuel te... [Published Reuters - Jul 09 2014]
Codelco to Fall Short on China Copper Shipments... [Published Copper Investing News - Jul 09 2014]
Chinese importers to buy more in global market [Published Global Times - Jul 09 2014]
Zinc gains 1% on forecast for shortages, global... [Published Economic Times - Jul 09 2014]
Copper Trying To Leap Forward In Evening Session [Published India Infoline - Jul 09 2014]
LatAm lets loose as Helios heads up CEEMEA [Published GlobalCapital - Jul 09 2014]
UPDATE 1-Codelco to cancel some term copper shi... [Published Reuters - Jul 09 2014]
Codelco to cancel some term copper shipments to... [Published London South East - Jul 09 2014]
Spain Business Brief - Tuesday July 8 2014 [Published Typically Spanish - Jul 09 2014]
Chile’s Codelco to produce over 300 tons of sil... [Published Canada Standard - Jul 08 2014]
Sacyr, its woes mounting, kicked off a job in C... [Published Panama News - Jul 08 2014]
Copper Mining Market Analysis, Size, Share, Tre... [Published SBWire - Jul 08 2014]
Chile’s Codelco to produce over 300 tons of sil... [Published Mining.com - Jul 08 2014]
Just Released: "Technology Investment Prioritie... [Published Digital Journal - Jul 08 2014]
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Blogs

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Fitch Rates Codelco's Senior Unsecured Euro Not... [Published Business Wire Professional Services News - Jul 02 2014]
CHICAGO & SANTIAGO, Chile--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A+(EXP)' rating to Corporacion Nacional del Cobre de Chile's (Codelco) benchmark size senior unsecured Euro bonds due 2024. Proceeds from these proposed notes will be used to partially ...
Insight Venture Partners invests in FireMon [Published PE Hub Blog - Jun 11 2014]
Insight Venture Partners has acquired a majority stake in FireMon . No financial terms were disclosed. As a result of the transaction, Mike Triplett and Martin Angert of Insight Venture Partners have been added to FireMon’s board of directors. Headquartered ...
Today's Market View Including: Firestone Diamon... [Published Proactiveinvestors United Kingdom website - Jun 06 2014]
ECB - Era of negative interest rates begins as ECB cuts rate to -0.1% and heads into unconventional policy • Banks will effectively have to charge clients for the luxury of depositing money overnight • The threat of deflation and problems with Southern ...
Fitch: Codelco's Rating Linkage to Sovereign Re... [Published Business Wire Professional Services News - May 23 2014]
CHICAGO--(BUSINESS WIRE)--The recent announcement by Chilean President Michelle Bachelet of a new bill to capitalize Corporacion Nacional del Cobre (Codelco) during its intensive long-term investment period reinforces the company's credit profile and ...
Barrick Gold seeks to restart suspended Pascua-... [Published Financial Post - Top Stories - May 20 2014]
SANTIAGO — Barrick Gold Corp, the world’s No. 1 gold miner, has met with Chilean officials and is keen to move forward with its suspended Pascua-Lama gold and copper project, in which it has already invested more than US$5 billion, Chile’s new mining ...
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Audio/Video

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Crab thrown in the street in Chile copper protest [Published Reuters Video: Top News - May 29 2014]
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Press Releases

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Metso wins a contract to supply services soluti... [Published GlobeNewswire: Acquisitions News - May 14 2014]
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