Codelco

Type: Company
Name: Codelco
First reported 5 hours ago - Updated 35 mins ago - 1 reports

Century-Old Copper Mines Spur Bachelet's Race to Save Chilean Cash Cow

Chilean President Michelle Bachelet rolled to victory last year on pledges to ramp up spending on education. Now she's in a race against time to revive the government's biggest source of revenue, copper producer Codelco.With executives of the state-owned ... [Published Yahoo! Finance - 5 hours ago]
First reported Sep 20 2014 - Updated Sep 20 2014 - 1 reports

China should accelerate establishing molybdenum concentrates reserve system

(Follow @MinesGuru on Twitter for important updates)According to reports from Chile's strategic report, Codelco plans to increase molybdenum output before 2023 by 43% or 25,000 tonnes from earlier planned 58,000 tonnes. Undoubtedly, Codelco’s increase ... [Published Refractory Metals News - Sep 20 2014]
Entities: Molybdenum, Codelco, China
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Miners set to strike for better labor conditions

The Santiago Times‘Warning’ strike scheduled for Sept. 22 and 24 with more to come if mega-mine fails to meet demands for better working conditions, miners’ union says.Copper miners have said they will strike to protest working conditions Sept. 22 and ... [Published Santiago Times - Sep 17 2014]
Entities: Mineral, Codelco, Santiago, Chile
First reported Sep 08 2014 - Updated Sep 09 2014 - 2 reports

Ex-Codelco boss to lead power firm, push for Chile’s most controversial project

Keller may become Colbun's superhero if he keeps the massive $9 billion HidroAysen power project alive.Former Chile’s Codelco chief executive officer Thomas Keller will take the reins of power generator Colbun next month as the company looks to keep the ... [Published Mining.com - Sep 09 2014]
First reported Sep 09 2014 - Updated Sep 09 2014 - 1 reports

Electric Power - Chile - IN BRIEF: Former Codelco CEO to lead Colbún

Chilean power generator Colbún appointed Thomas Keller as CEOAward-winning and trusted the world over, Business News Americas is the only English and Spanish business intelligence resource for project , news , analysis and business contacts focused on ... [Published Business News Americas - Sep 09 2014]
First reported Sep 05 2014 - Updated Sep 06 2014 - 1 reports

Codelco to gradually reduce outsourcing - chairman

Chilean state copper producer Codelco will gradually begin to reduce outsourcing goods and services, especially in critical business areas, company chairman Óscar Landerretche told reporters in capital Santiago.Landerretche said that in recent years Codelco, ... [Published Business News Americas - Sep 05 2014]
First reported Sep 03 2014 - Updated Sep 03 2014 - 1 reports

New Codelco CEO takes helm sees changes ahead

Mining Weekly Tuesday 2nd September, 2014took over as the new CEO of Chile's Codelco on Monday, vowing to make "all changes necessary" at the world's top copper producer as it embarks on an ambitious multi-billion dollar investment plan. Industry veteran ... [Published Canada Standard - Sep 03 2014]
Entities: Codelco, Copper, Chile
First reported Sep 01 2014 - Updated Sep 02 2014 - 3 reports

New Codelco CEO to Take Close Look at Company's Expansion Plans

Nelson Pizarro on Monday took over the helm of Corporación Nacional del Cobre de Chile, Chile's state-owned copper mining company, and promised to take a close look at the company's ambitious expansion plans. Mr. Pizarro was named as chief executive at ... [Published DailyMe.Com - Sep 02 2014]
First reported Aug 31 2014 - Updated Sep 01 2014 - 2 reports

Codelco sees copper demand to overturn

The company located in the Chilean state, announced that, it has successfully manufactured 78,000 tones in a time period between, January and June. ... [Published Shanghai Metals Market - Sep 01 2014]
Entities: Codelco, Copper
First reported Aug 29 2014 - Updated Aug 30 2014 - 6 reports

Codelco output rises but lower copper price eats into profit

Mining Weekly Friday 29th August, 2014SANTIAGO – Codelco, the world's No 1 copper producer, on Friday reported a rise in its first-half production, largely due to the contribution of a new mine, but a slide in the market price of copper metal eroded ... [Published Canada Standard - Aug 30 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 2 reports

Voyager changes name and focus

PERTH (miningweekly.com) – ASX-listed junior Voyager Resources would propose a name-change to its shareholders, after acquiring the Salobo South copper project, in Brazil and switching its focus to copper.The previously Mongolia-focused explorer on Wednesday ... [Published Mining Weekly - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

CHILE: CODELCO PLAN UNDERPINS $105B MINING INVESTMENT

Chile’s state copper commission Cochilco predicts national mining investment of $US105B in the 10 years to 2023, with $28B coming from state miner Codelco’s project expansion and new mines.Cochilco says another nine new mining projects estimated at $8.9B ... [Published Mining Business Media - Aug 26 2014]
Entities: Codelco, Jalapeño, Mining

Quotes

"The government is taking on a significant bet that will be important for Chile and its fiscal revenue" Santiago Gonzalez, a former mining minister and vice-rector of the Universidad Central in Santiago, said in a telephone interview...
"Thomas will be responsible for leading the company and its collaborators in a new growth plan that will combine organic growth in Chile with eventual investment opportunities in other market in the region" Colbun board chairman Bernardo Larrain Matte told La Tercera (in Spanish)
He said: "This has been an issue across the industry and has to do with the copper price super-cycle, which created a huge increase in the demand for services and third-party providers, which created two issues: first, [outsourcing] got expensive, and second, the deterioration in the marginal quality of service providers and overall outsourcing."
In its verdict, the apex court ruled that the successive governments allotted the mining licences with "arbitrariness, lack of transparency, lack of objectivity and non-application of mind...gifting away precious resources as largesse"

More Content

All (107) | News (91) | Reports (0) | Blogs (13) | Audio/Video (1) | Fact Sheets (1) | Press Releases (1)
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Century-Old Copper Mines Spur Bachelet's Race t... [Published Yahoo! Finance - 5 hours ago]
Aveng sells its Electrix business to French com... [Published IOL - 18 hours ago]
China should accelerate establishing molybdenum... [Published Refractory Metals News - Sep 20 2014]
Wavetec raised its mark as Innovator by opening... [Published Mid East Information - Sep 20 2014]
Miners set to strike for better labor conditions [Published Santiago Times - Sep 17 2014]
This Week in Business: Slowdown hits restaurant... [Published Santiago Times - Sep 16 2014]
Copper Mining Market - Latest Research Report, ... [Published MyNewsDesk - Sep 10 2014]
Electric Power - Chile - IN BRIEF: Former Codel... [Published Business News Americas - Sep 09 2014]
Ex-Codelco boss to lead power firm, push for Ch... [Published Mining.com - Sep 09 2014]
Codelco's El Teniente mine close about 20pct or... [Published Steel Guru - Sep 09 2014]
Former Codelco CEO Keller to head power generat... [Published CNBC - Sep 08 2014]
About 20% of Chile’s largest copper mines close... [Published Mining.com - Sep 08 2014]
Codelco to gradually reduce outsourcing - chairman [Published Business News Americas - Sep 05 2014]
August's top stories: Indian court rules 218 mi... [Published Mining Technology - Sep 05 2014]
Master Drilling might extend growth plans [Published BDlive - Sep 05 2014]
Panalpina establishes Energy Solutions to serve... [Published Noodls - Sep 05 2014]
Rame Energy PLC : Secures Loan for ?300,000 [Published Investegate - Sep 05 2014]
Master Drilling reports growth, but falls shy o... [Published Mining Weekly - Sep 04 2014]
Data mining [Published Mining Magazine - Sep 03 2014]
New Codelco CEO takes helm sees changes ahead [Published Canada Standard - Sep 03 2014]
JX NIPPON MINING & METALS : Launch of Commercia... [Published 4 Traders - Sep 02 2014]
Shifting Mining Trends Aid in Growth and New De... [Published Prlog - Sep 02 2014]
COLUMN-Is the wall of copper supply finally com... [Published London South East - Sep 02 2014]
New Codelco CEO to Take Close Look at Company's... [Published DailyMe.Com - Sep 02 2014]
CODELCO: NEW CHIEF 'SCISSORHANDS' PROMISES CHANGE [Published Mining Business Media - Sep 01 2014]
Metals - Chile - Chile association voices conce... [Published Business News Americas - Sep 01 2014]
Chile's Bachelet announces $500 mn economic sti... [Published TradingCharts.com - Sep 01 2014]
New Codelco CEO takes helm, sees changes ahead [Published Reuters - Sep 01 2014]
Codelco sees copper demand to overturn [Published Shanghai Metals Market - Sep 01 2014]
Codelco produces 877,000 mt copper in H1, up 4%... [Published Hellenic Shipping News Worldwide - Aug 31 2014]
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Blogs

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Aegean Provides Market Update on Chilean Explor... [Published Marketwire - Breaking News Releases - Aug 12 2014]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 12, 2014) - Aegean Metals Group Inc. (TSX VENTURE:AGN)(FRANKFURT:A91) (" Aegean " or the " Company ") is pleased to provide the following update on exploration activities at its 100%-owned Doña Inés ...
Latin America Green News: efficiency for Chile'... [Published Switchboard, from NRDC - Jul 18 2014]
Denée Reaves, Program Assistant, International, Washington, D.C. Latin America Green News  is a selection of weekly news highlights about environmental and energy issues in Latin America. July 12th – July 19th, 2014 Chile The heads of Chile’s ...
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 ...
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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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