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Escondida investments on ice

Management of Escondida has suspended US$3.6 billion of investments at the operation, near Antofagasta, Chile, following continued roadblocks by striking miners.

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The union estimates for every month of strike action Escondida is losing 100,000 tonnes of copper production

A strike over pay and conditions at the world’s largest copper mine has made it to 43 days, making it Chile’s longest mine strike in a generation, with the stoppage starting to hit ongoing projects at