USGS releases first study to assess global earthquake risk to mineral supplies
Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy.
Chile’s copper production fell in April, government body Cochilco said on Thursday, with state-owned giant Codelco seeing output down 6.1% year-on-year to 116,000 tonnes and Collahuasi’s production dropping by a sharp 26.5%.
Collahuasi, a venture involving Glencore and Anglo American, produced 42,000 tonnes in the period, while output from another major mine, Escondida – which is controlled by BHP – rose 2.6% to 88,000 tonnes.
Chile’s total copper production in the month fell 8.9% to 420,000 tonnes, Cochilco said in a report. The Andean country is the world’s top copper producer.
(By Fabian Andres Cambero and Gabriel Araujo)
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