Los agremiados en Escondida lograron la semana pasada, luego de un tenso período de discusiones y a pocos días de ser habilitados para una huelga, bonos y beneficios finales del equivalente de unos US$ 30,000 por socio.
Codelco boosts output to tap copper price jump
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Codelco, the world’s biggest copper producer, saw sales more than double in the first quarter as production rose and prices of the metal surged.
The state-owned producer churned out 386,000 metric tons from its own mines in Chile, up 7% from a year ago, thanks in part to an improvement in ore quality after a multi-billion-dollar overhaul of aging deposits. Nevertheless, a surge in Covid-19 cases in Chile has slowed project development.
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Sales jumped to $4.65 billion, and the company’s contribution to state coffers was the highest since the peak of the commodity super-cycle a decade ago. That’s good news for Chile, as authorities seek funding for pandemic relief and policies to counter economic inequalities after mass protests in late 2019.