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Exclusive: Chile expects 2014 Codelco funding to top last year's

By Alexandra Ulmer and Fabian Cambero SANTIAGO (Reuters) - State copper producer Codelco should get more government funds this year than Chile allocated for the world's No. 1 red metal miner in 2013, the country's mining minister told Reuters on Tuesday. The previous conservative government handed Codelco $2 billion in two separate tranches last year, but the company said that was not enough to comprehensively fund the ambitious and costly overhaul of its tired mines.

Chile copper mines weather quake; some ports shut

By Alexandra Ulmer and Fabian Cambero SANTIAGO (Reuters) - Copper operations in Chile, the world's top producer, were unscathed by a major earthquake that struck the mineral-rich north on Tuesday night and prompted the evacuations of some workers. Several ports that ship metals from the Andean country remained closed on Wednesday following a tsunami evacuation, suggesting some trade flows might be temporarily interrupted.

Chile mines dodge quake harm, but Collahuasi workers evacuated

By Alexandra Ulmer and Fabian Cambero SANTIAGO (Reuters) - Mines in world No. 1 copper producer Chile appear to have emerged unscathed from a major quake that struck near the mineral-rich north of the Andean country on Tuesday. Most mines in quake-prone Chile, which supplies around a third of the world's copper, are designed to withstand tremors. The Collahuasi copper mine and port did not report any damage, but some workers were evacuated to be with their families following the 8.2-magnitude earthquake.

Chile budget takes hit as copper mining slumps

The surplus that Chile's state-owned mining giant Codelco, the world's top copper producer, pays into government coffers slumped by half to only $3.889 billion last year as global prices plunged. Codelco is a mainstay of the Chilean economy and copper exports a significant source of government revenue, but the metal is trading at around a four-year low after a slowdown in resource-hungry China.

Anglo halting Chile Los Bronces mine operations due to protest

SANTIAGO (Reuters) - Global miner Anglo American Plc <AAL.L> said on Monday it was halting operations at its Los Bronces copper mine in central Chile because of a violent protest by contract workers. Los Bronces, perched high in the Andes near Santiago, produced 416,300 tons of copper last year, roughly 7 percent of Chile's overall output.

Employees of Chile's Codelco investigated for copper theft

Santiago, Mar 1 (EFE).- Chilean police are investigating the participation of employees of the world's largest copper producer, state-owned Codelco, in one of the biggest robberies of the mineral in the company's history and worth some 45 billion pesos ($80 million), prosecutors said. Detectives of the Criminal Investigation Brigade, or Biocrim, in the northern province of Chañaral, said that 20 people have been detained in the case.

Employees of Chile's Codelco investigated for copper theft

Santiago, Mar 1 (EFE).- Chilean police are investigating the participation of employees of the world's largest copper producer, state-owned Codelco, in one of the biggest robberies of the mineral in the company's history and worth some 45 billion pesos ($80 million), prosecutors said. Detectives of the Criminal Investigation Brigade, or Biocrim, in the northern province of Chañaral, said that 20 people have been detained in the case.

6 Police injured in clash with striking Chilean port workers

Santiago, Jan 13 (EFE).- Six police officers were injured and the offices of the Ultraport company were wrecked during a march by about 100 striking port workers in the northern Chilean city of Antofagasta, local Bio Bio radio reported. The incident occurred Monday afternoon when the port workers, including Ultraport union leaders, began throwing rocks and intimidating the firm's administrative employees, the radio station said. The injured police officers were guarding the site, Bio Bio said.

6 Police injured in clash with striking Chilean port workers

Santiago, Jan 13 (EFE).- Six police officers were injured and the offices of the Ultraport company were wrecked during a march by about 100 striking port workers in the northern Chilean city of Antofagasta, local Bio Bio radio reported. The incident occurred Monday afternoon when the port workers, including Ultraport union leaders, began throwing rocks and intimidating the firm's administrative employees, the radio station said. The injured police officers were guarding the site, Bio Bio said.

Chile fruit exporters say port strike could cost them $100 mn

Santiago, Jan 13 (EFE).- A group representing Chilean fruit exporters said Monday that their losses from a strike by port workers could exceed $100 million by the end of this week. To the $40 million in losses caused by the strike last week could be added another $65 million if the work stoppage continues until Friday, Fedefruta said in a statement. The strike is centered at the port of San Antonio, 108 kilometers (67 miles) southwest of Santiago, where in addition to hundreds of containers of fresh fruit, 20,000 tons of copper have not been able to be loaded for shipment.
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