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Codelco Stops El Teniente Copper-Mine Development

Mining News - Published on Tue, 07 Jul 2020

Image Source: Codelco El Teniente Copper-Mine
Chile's state-owned mining company Codelco has halted work on a multibillion-dollar project to extend the life of its El Teniente mine as the copper producer strives to slow the spread of the coronavirus disease through its workforce. The temporary measure would allow it to reduce the number of workers and contractors on site by around 4,500, limiting movement and reducing the possibilities of infection. Demobilization from the Andes Norte, Diamante, Andesita and Recourses Norte sites had already begun in late June. The move follows the suspension of all construction projects at its operations in northern Chile, including the new USD 5 billion Chuquicamata underground mine.

Last month, management at El Teniente negotiated with unions a move to a 14 days-on, 14 days-off shift system, increasing the possibility that the disease could be detected in workers before they returned to the mine.

The new mine level at El Teniente, the world's largest underground copper mine, will extend the life of the operation until the second half of this century. The mine is Codelco's largest by output, contributing more than a quarter of the 1.7 million mt of copper that the company produced last year.

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Posted By : Yogender Pancholi on Tue, 07 Jul 2020
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