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Mine Collapse Weighs on Codelco Debt Even as Output Resumes

Mine Collapse Weighs on Codelco Debt Even as Output Resumes

Bloomberg2 days ago
Codelco 's El Teniente copper mine partially resumed production over the weekend, but the fatal accident that closed it for a week is likely to weigh on the Chilean company's bonds for far longer.
The July 31 tunnel collapse that killed six workers hit a new section of the mine, snarling plans to revive production at the 120-year-old operation. And while older parts of El Teniente are now operating again, the newer sections may be out of action for an extended period.
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