BHP’s Cerro Colorado mine in Chile signs labor deal with supervisory staff
The mine, which produced 68,900 tonnes of copper in 2020, has faced problems in its attempt to obtain environmental permits that would allow it to remain in operation.
Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final deal has still to be reached.
Mining ihas been one of the last sectors to use a surge in computer processing power, cloud data storage and complex algorithms to make sense of huge amounts of scattered information - routine in today’s retail and manufacturing businesses.
Roy Cimatu, who replaced ousted ecologist Regina Lopez in May, has said he would review evidence brought forward by mining companies and communities before deciding whether to keep, modify, or reverse his predecessor's measures.