Company News: Codelco
Updated: 22 Feb 2010
The issuing of the constitutional reform that nationalized copper, on july 11th 1971, set in motion a process that culminated in the creation of a company responsible for operating and managing the mining properties given to the State.
The Law Decree 1,350 of 1976 created the Corporación Nacional del Cobre de Chile, Codelco, conceived as a mining, industrial and commercial company owned by the Chilean State.
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Most Recent Company News
- Chile miners march, national strike looms - 18 May 2012 12:42pm
Chilean mine workers’ unions organized a May 17 march of 35,000 mine workers, from state-owned Codelco as well as the private sector, as the “threshold of a grand national work stoppage” of the mining industry. Read more... - Mitsui executive ordered to give deposition in Codelco-Anglo dispute - 11 May 2012 12:31pm
A Santiago court has ruled in favour of a petition by Anglo American plc requesting the deposition of an executive vice-president of Mitsui & Co, Fuminobu Kawashima, regarding his personal knowledge and the facts regarding his and Mitsui’s activities pertaining to the legal dispute between the miner and Codelco Read more... - Anglo not required to set aside funds - 04 May 2012 2:31pm
A Chilean court has refused a claim by state copper producer Codelco, relating to a continuing dispute with Anglo American plc over a stake in Anglo’s local copper subsidary, Anglo American Sur Read more... - SKM wins EPCM for Codelco project - 02 May 2012 4:07pm
Codelco Chile has awarded the Continuous Mining EPCM for the Andina Division to SKM Read more... - SONAMI sees US$100 bn mining investment in Chile over next 8 years - 13 Apr 2012 9:47am
More than US$100 billion could be invested in the Chilean mining sector over the next eight years, Alberto Salas, president of Chile’s National Mining Society (SONAMI), forecast in a speech given to more than a thousand of the country’s top mining industry leaders Read more... - Codelco ready for the long haul in Anglo Sur dispute - 16 Mar 2012 12:25pm
Codelco said it was prepared to wait an anticipated three to four years before a legal battle with Anglo American plc over Chilean assets is settled, with the state-owned copper producer adding that it was unwilling to re-engage in discussions because it was unsure of Anglo’s aims Read more... - Codelco to invest more than US$4.3bn in 2012 - 09 Mar 2012 12:34pm
CHILE’S state-owned copper producer Codelco plans to invest more than US$4.3 billion this year, a record amount and an increase of about 70% on last year’s figure. Read more... - Anglo-Codelco Update - 17 Feb 2012 12:54pm
Codelco was compelled to disclose details of a loan agreement with Mitsui & Co this week, as part of an ongoing legal battle between the Chilean copper producer and Anglo American plc. Read more... - Anglo-Codelco dispute: the latest - 03 Feb 2012 12:52pm
The ongoing dispute between Anglo American plc and Codelco took on a new dimension this week after the national Federation of Copper Workers (FCW), a Codelco board member, filed a criminal complaint against Anglo Read more... - Hernandez: Anglo risks losing control of AAS - 27 Jan 2012 1:18pm
The chief executive of Codelco, Diego Hernandez, has claimed that Anglo-American was at risk of losing control of its Chilean copper subsidiary Anglo America Sur (AAS). Read more...
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