Latest news with #Sernageomin
Bloomberg
4 days ago
- Business
- Bloomberg
Codelco Wins Partial Approval to Restart Copper Mine in Chile
Codelco secured the approval of Chile's mining authority to resume some underground activities at its biggest copper mine, a week after a fatal accident led to work being halted. Labor regulators still need to sign off on the plan. Chile's geology and mining service, Sernageomin, authorized 'the partial and progressive restart' at El Teniente in central Chile, the state-owned company said in a statement late Friday. The restart plan covers several areas of the mine, while new sections near where the collapse occurred will remain off limits.
Straits Times
4 days ago
- Straits Times
Codelco suspends El Teniente contractors through Aug. 13 as it seeks restart
People hold a helmet during the funeral of Jean Miranda Ibaceta, one of the five miners of Chilean state-run copper producer Codelco who died after being trapped following a collapse at El Teniente copper mine, at a cemetery in Rancagua, Chile August 4, 2025. REUTERS/Pablo Sanhueza/File Photo SANTIAGO - Chile's Codelco has suspended contracts with third-party workers at its flagship El Teniente copper mine through at least August 13, as it seeks approval to reopen ten sections of the mine following a collapse last week, it said on Friday. Six people died from a major tremor on July 31 that caused tunnels to cave in surrounding the new Andesita section of the vast mine. Codelco said in a statement that the suspended labor contracts applied to all companies directly related to the incident, and that it had sent further information to mining regulator Sernageomin in a bid to reopen ten "work areas" of the mine. It did not specify which areas. Aquiles Cubillos, the prosecutor for the O'Higgins region, has said 3,700 meters (3.7 km) of passageways had been damaged in the collapse, far more than 700 meters initially estimated by the company. He has not specified the severity of the damage, but said it affected two or three areas of Andesita, and five or six areas of the Recursos Norte unit. El Teniente has about 4,500 kilometers of tunnels deep within the Andes mountains. On Friday, Cubillos' team reviewed four damaged levels of the mine, which do not include the ones where the injuries and deaths occurred, and met with Codelco technical experts, he said. Investigators are documenting the places with photos to be able to later piece together a full map of the damage. REUTERS
Yahoo
5 days ago
- Business
- Yahoo
Codelco seeks approval to reopen El Teniente mine after earthquake-induced collapse
Chilean mining company Codelco has requested that Chile's mining regulator, Sernageomin, allow the reopening of a portion of its El Teniente mine, reported Reuters, citing two sources familiar with the matter. This follows an earthquake-induced collapse that resulted in the death of six workers last week. El Teniente is among the largest underground copper mines globally and produced more than 300,000 tonnes (t) of copper last year. Mining operations at El Teniente were halted to commence search and rescue operations, with Sernageomin subsequently imposing a formal suspension. Codelco has been instructed to submit four reports concerning the accident's causes and consequences before the suspension can be reconsidered. The company announced that it has complied with three information requests from Sernageomin and the Chilean labour inspection office. In addition to the reports, Codelco has been undertaking cleaning and maintenance at El Teniente's processing plants and smelter. The company has also been operating the smelter's anode furnaces bi-hourly to ensure the equipment remains functional. A source close to Codelco's operations indicated that the shift to 'maintenance mode' was due to the absence of copper for processing, as mining activities had ceased following the accident. Despite the halt in underground mining, Codelco initially continued its processing and smelting operations. However, the company has now had to seek permission to resume mining to maintain its operations. Minera Valle Central (MVC), a wholly owned subsidiary of Amerigo Resources, has also been affected by the suspension. Since 1992, MVC has been engaged in the production of copper concentrates through the processing of both fresh and historic tailings sourced from Codelco's El Teniente mine. MVC will continue processing historic tailings, while processing of fresh tailings will be on hold until El Teniente's operations are resumed. The full impact on Amerigo's annual production is yet to be determined and is contingent on the duration of El Teniente's closure. Currently, MVC estimates a daily production loss of 100,000 pounds of copper. "Codelco seeks approval to reopen El Teniente mine after earthquake-induced collapse" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
6 days ago
- Business
- The Star
Codelco asks to restart part of El Teniente mine after accident
FILE PHOTO: A view shows the exterior of Codelco offices in Rancagua, Chile, August 2, 2025. REUTERS/Pablo Sanhueza/File Photo SANTIAGO (Reuters) -Copper miner Codelco has asked Chile's mining regulator for permission to reopen a part of its flagship El Teniente mine after a collapse last week that killed six people, said two sources with knowledge of the matter. Codelco suspended mining operations at El Teniente, the world's biggest underground copper mine that produced more than 300,000 metric tons last year, on Thursday evening. Chilean mining regulator Sernageomin later imposed a formal suspension, and instructed Codelco to present four reports related to the cause and impact of the accident so it could evaluate lifting the measure. In a statement on Wednesday evening, Codelco said it had responded to three information requests from mining regulator Sernageomin and Chile's labor inspection office. (Reporting by Daina Beth Solomon and Fabian Cambero, Editing by Natalia Siniawski)
Straits Times
6 days ago
- Business
- Straits Times
Codelco asks to restart part of El Teniente mine after accident
Sign up now: Get ST's newsletters delivered to your inbox SANTIAGO - Copper miner Codelco has asked Chile's mining regulator for permission to reopen a part of its flagship El Teniente mine after a collapse last week that killed six people, said two sources with knowledge of the matter. Codelco suspended mining operations at El Teniente, the world's biggest underground copper mine that produced more than 300,000 metric tons last year, on Thursday evening. Chilean mining regulator Sernageomin later imposed a formal suspension, and instructed Codelco to present four reports related to the cause and impact of the accident so it could evaluate lifting the measure. In a statement on Wednesday evening, Codelco said it had responded to three information requests from mining regulator Sernageomin and Chile's labor inspection office. REUTERS
