Freeport Indonesia to process 400,000t of copper concentrate at new smelter
Earlier this month, Freeport obtained an export permit for the rest of the year from the government.
Contract workers staged Monday a massive a protest at Anglo American’s (LON:AAL) Los Bronces copper mine in central Chile, as the company refused last week to negotiate their demands.
The London-listed miner said in a statement that operations remain unaffected. However, it noted there have been “fires, looting, vehicle thefts and disturbances.”
The contractors’ leader, Cesar Inostroza, told local newspaper La Tercera (in Spanish) they are demonstrating against alleged anti-union practices, including layoff threats and harassment.
Anglo, the operator of Los Bronces, owns 50.1% of the mine. Mitsubishi has a 20.4% stake, and Chile’s state-owned Codelco and its joint venture partner Mitsui hold the remaining 29.5%.