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copper investing

Strike Weakens at Chile Copper Mine

Investing News Network
Jun. 09, 2011 11:41AM PST
Base Metals Investing

Reuters reports that half of contractors in a strike at Chile’s El Teniente mine have ended their strike.

Reuters reports that half of contractors in a strike at Chile’s El Teniente mine have ended their strike.

The market news is quoted as saying:

Mine owner Codelco [CODEL.UL] expects to lift output to 51 percent capacity on Thursday after the world’s top underground operation slowed production to 40 percent capacity over the weekend to protect staff workers amid escalating violence by protesters.

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