BASE METALS

El Soldado in trouble

Anglo American will lay off about 150 workers (10% of the workforce) at the El Soldado copper mine in Chile as it fights to keep the operation going.

Staff reporter
More copper could come out of the market if El Soldado in Chile is wound back

More copper could come out of the market if El Soldado in Chile is wound back

The company concedes El Soldado’s operational continuity remains at risk with management looking at ways to avoid closure. The mine produced about 36,000 tonnes of copper in 2015.

An optimisation plan is currently being put into place.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalog of 2022 Initial Resource Estimates and recent discovery successes.