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Labor Disputes Threaten Chile, Global Copper Production

As copper prices tumbled in June and July, contract negotiations at two of Chile’s biggest mines cratered, with strikes calendared for mid-August. Work halted at both Lumina Copper’s Caserones mine and Codelco’s Chuquicamata,...

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BHP Selling Cerro Colorado Copper Mine

BHP has entered into an agreement to sell the Cerro Colorado copper mine in Chile to private equity manager EMR Capital for a total cash consideration of $230 million, plus approximately $40 million in proceeds from the...

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