Chile’s copper production to grow at annual average rate of 4.9%

The Cobre Panama mine paid the price for the accumulated national discontent, said President José Raúl Mulino.

Chemaf agreed to sell its assets to Chinese defence and industrial giant, China North Industries Corp, or Norinco in June.

The restart marked exactly a century since the mine first went into production.

The company has signed an additional LOI with Export Development Canada worth $300 million.