Codelco, Anglo American to jointly operate copper mines in central Chile Chilean state-run copper giant Codelco (COBRE.UL) and London-listed miner Anglo American signed a memorandum of ...
The agreement signed by Anglo American through its 50.1%-owned subsidiary, Anglo American Sur SA (AAS), sets a framework for the development of the mines. Both companies aim to enhance efficiency ...
Codelco owns a 20% stake in Anglo American Sur, the local Anglo American unit that includes Los Bronces. Anglo American confirmed the agreement and said the rise in production would start in 2030.
Meanwhile, Anglo said its 50.1% owned subsidiary Anglo American Sur signed an agreement with the Chilean state-owned mining company Codelco to implement a joint plan for the two companies ...
encompasses the Rio Blanco and Sur Sur mines, producing 164,500 tonnes of copper in 2023. Los Bronces, a key operation for Anglo American, reported an output of 215,000 tonnes that same year.
Reuters could not immediately reach Codelco or Anglo American for comment outside of regular business hours. Andina, one of Codelco's smaller units that includes the Rio Blanco and Sur Sur mines ...
The agreement between Anglo American's subsidiary Anglo American Sur SA and Codelco will establish a new operating company to oversee the execution of the joint mine plan and optimize the processing ...
Anglo American wrote down the value of its embattled De Beers diamond business by another $2.9 billion as it seeks to ready the division for disposal as part of the miner’s efforts to simplify its ...