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.
Codelco, the world’s largest copper miner, saw output in October drop 9.9% year-on-year to 144,100 tonnes, Chilean state copper commission Cochilco said on Thursday.
BHP’s Escondida, the world’s largest copper mine, saw production fall 15.2% year-on-year to 84,700 tonnes in the same month.
Bucking the wider trend was the Collahuasi copper mine – a joint venture by Glencore and Anglo American – where production rose 17.3% year-on-year to 49,500 tonnes in October, the agency said.
(By Fabian Cambero and Adam Jourdan)
Comments