R/€ = 15.73 Change: 0.00
R/$ = 13.84 Change: 0.00
Au 1281.42 $/oz Change: -12.44
Pt 794.99 $/oz Change: -8.87
 
 
R/€ = 15.73 Change: 0.00
R/$ = 13.84 Change: 0.00
Au 1281.42 $/oz Change: -12.44
Pt 794.99 $/oz Change: -8.87
 
 
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Chile's copper mines post mixed results through Nov 2018 – Cochilco

10th January 2019 BY: Reuters

SANTIAGO – Chile's largest copper mines posted mixed results through November of 2018, with a slight drop in output at state miner Codelco offset by a surge in production from BHP's Escondida, the world's largest copper mine.

In all, copper production in the world's top producer of the red metal reached 5.33-million tonnes, a 6% increase over the same period the previous year.

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Escondida, in northern Chile, produced 1.15-million tonnes through November, up 40.7% compared with the same period in 2017, when an historic strike shut down the mine for more than 40 days.

Production from state-run miner Codelco's deposits reached 1.621-million tonnes in the first 11 months of 2018, a drop of 2.4% over the previous period with downturns at almost all its facilities.

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The country's second-largest mine by output Collahuasi, owned by Anglo American and Glencore, ramped up production by 5.8% to 502 600 tonnes. 

EDITED BY: Reuters
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