Category
- Agriculture
- Automobiles and Machinery
- Bank, non banking financing, investment
- Blasting
- Construction
- Consumables
- Education
- Energy
- Engineer , Architecture and Geodesy
- Finance, Audit,Accounting and Brokerage
- Food
- Foreign Trade
- Geology Exploration
- Health
- Information Technology
- Insurance
- Labor Safety
- Legal and Business consulting
- Lighting
- Mining equipment
- Mining Services
- Other product and service
- Road
- Sewing and textile products
- Transportations
- Travel
Events
BHP Billiton puts Cerro Colorado copper mine in Chile on the block www.mining.com
BHP Billiton (ASX:BHP) (LON:BLT) confirmed Wednesday it had begun a sale process for its Cerro Colorado mine, one of its smaller Chilean copper operations, though it said it’s just evaluating the options and that no decision have been made.
Workers at the operation, in the northern Tarapacá Region, temporarily blocked access roads to the site in protest for the decision, which they say will inevitably bring a massive wave of layoffs, local paper El Mercurio reports (in Spanish).
Markets rumours point at Chile's Empresas Copec, an oil major trying to diversify into copper, and Canada’s Lundin Mining (TSX:LUN) as possible buyers.
From the 5.5 million tonnes of copper top producer Chile generated last year, Cerro Colorado contributed 74,000 tonnes. The operation, part of BHP’s Pampa Norte division, is estimated to run out of ore by 2023.
Published Date:2017-05-11
