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The National Copper Corporation of Chile (Spanish: Corporación Nacional del Cobre de Chile), abbreviated as Codelco, is a Chilean state-owned copper mining company. It was formed in 1976 from foreign-owned copper companies that were nationalised in 1971.
The nationalization of the Chilean copper industry, commonly described as the Chileanization of copper (Spanish: Chilenización del cobre) [1] was the process by which the Chilean government acquired control of the major foreign-owned section of the Chilean copper mining industry. It involved the three huge mines known as 'La Gran Mineria' and ...
As a result, Chile's economy shifted toward dependence on the copper industry. During this period, copper was described as "Chile's salary". By the late 1950s, the three largest copper mines in Chile were Chuquicamata, El Salvador mine, and El Teniente. Chuquicamata and El Salvador were owned and operated by the Anaconda Copper Company. These ...
False color satellite image of the Escondida Mine, courtesy of NASA. Minera Escondida (which means 'hidden' in Spanish) is a mining company that operates two open pit copper mines in the Atacama Desert, 170 km southeast of Antofagasta in northern Chile. It is currently the highest producing copper mine in the world.
Antofagasta is one of the major international copper producers with its activities concentrated mainly in Chile where it now operates four copper mines: Los Pelambres, Centinela (previously the Esperanza and Tesoro mines), Antucoya and Zaldivar (50% owned, 50% owned by the Canadian mining company Barrick Gold).
BHP wants Anglo's prized copper assets in Chile and Peru. ... Quellaveco and Los Bronces mines in Chile and Peru, with rich copper deposits making them longer life assets. It aims to raise output ...
Chile's state-owned copper mining giant Codelco on Wednesday shut down its Ventanas copper smelter after decades of polluting Quintero Bay with toxic gases and turning it, along with 15 other ...
1947 map of mines in Chile. The mining sector in Chile is one of the pillars of Chilean economy and copper exports alone stands for more than one third of government income. Most mining in Chile is concentrated to the Norte Grande region spanning most of the Atacama Desert. Mining products of Chile includes copper, gold, silver, molybdenum ...