Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Chile’s total copper production fell 4.27% in September to 428,300 tonnes, government body Cochilco said on Thursday.
Production from state-owned giant Codelco fell 7.92% on a year-on-year basis to 123,200 tonnes, while production at Collahuasi, a joint venture of Anglo American and Glencore, fell 3.5% to 44,500 tonnes.
Copper output from Escondida, which is controlled by Australian mining giant BHP, rose 3.51% to 85,500 tonnes, Cochilco said.
(By Natalia Ramos; Editing by Jonathan Oatis)
Comments