Chile Copper Giant Codelco Hit by Another Mine AccidentHOT
Two workers are trapped after a mudslide at Codelco's El Teniente mine, less than two weeks after a fatal accident at another of the Chilean copper giant's sites.
Two workers are trapped after a mudslide at Codelco's El Teniente mine, less than two weeks after a fatal accident at another of the Chilean copper giant's sites.
A mass-casualty strike on a gold mining site near Sudan's border with Egypt killed 72 workers, according to a local civil group. The incident highlights how Sudan's three-year war is reaching its resource economy.
August output at Chile's Escondida and Collahuasi mines fell sharply, tightening global copper supply. LME copper jumped to $14,540 a tonne, a signal that the metal's price story is now written in Santiago and Shanghai.
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