Major Chilean port closed post earthquake; Copper mining operations largely unaffected-Shanghai Metals Market

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Major Chilean port closed post earthquake; Copper mining operations largely unaffected

Industry News 03:53:34PM Sep 18, 2015 Source:SMM

By  Paul Ploumis 18 Sep 2015  Last updated at 04:09:09 GMT

The Chilean port of Coquimbo that handles huge volumes of copper concentrate export remains closed. However, mining operations are largely unaffected.

SANTIAGO (Scrap Monster): The powerful earthquake which measured 8.3 on Ritcher scale generated waves as high as 49 feet, forcing authorities to close the port of Coquimbo, one of the major ports in the country that handles copper concentrate exports. However, major copper producers reported that copper mining operations remained largely unaffected.

According to reports, Los Pelambres mine in the Coquimbo region, operated by Antofagasta Minerals was badly hit by the tremor. However, no major damages were reported in the mine. The company has also confirmed that all of its employees are safe.

A statement issued by Teck Resources indicates that power supply to its Carmen de Andacollo mine in Coquimbo was interrupted. The damage is being checked for and will be rectified soon, it noted. Also, the quake has not resulted in any materials damage at the mine.

Also, Codelco has reported temporary suspension of operations at open pit mining in Andina division. The company press release stated that the damage is being checked for. Further, the operations at all its other mines are normal, Codelco noted.

Meantime, operations at the port of Coquimbo are halted. The port is being declared by the government as ‘emergency area’ in order to ensure that aids reach the region without delay. Additionally, troops will be deployed in region’s streets.

The port terminal has been damaged. According to operator Terminal Puerto Coquimbo, the damage has to be evaluated by specialized personnel before operations are resumed.


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Major Chilean port closed post earthquake; Copper mining operations largely unaffected

Industry News 03:53:34PM Sep 18, 2015 Source:SMM

By  Paul Ploumis 18 Sep 2015  Last updated at 04:09:09 GMT

The Chilean port of Coquimbo that handles huge volumes of copper concentrate export remains closed. However, mining operations are largely unaffected.

SANTIAGO (Scrap Monster): The powerful earthquake which measured 8.3 on Ritcher scale generated waves as high as 49 feet, forcing authorities to close the port of Coquimbo, one of the major ports in the country that handles copper concentrate exports. However, major copper producers reported that copper mining operations remained largely unaffected.

According to reports, Los Pelambres mine in the Coquimbo region, operated by Antofagasta Minerals was badly hit by the tremor. However, no major damages were reported in the mine. The company has also confirmed that all of its employees are safe.

A statement issued by Teck Resources indicates that power supply to its Carmen de Andacollo mine in Coquimbo was interrupted. The damage is being checked for and will be rectified soon, it noted. Also, the quake has not resulted in any materials damage at the mine.

Also, Codelco has reported temporary suspension of operations at open pit mining in Andina division. The company press release stated that the damage is being checked for. Further, the operations at all its other mines are normal, Codelco noted.

Meantime, operations at the port of Coquimbo are halted. The port is being declared by the government as ‘emergency area’ in order to ensure that aids reach the region without delay. Additionally, troops will be deployed in region’s streets.

The port terminal has been damaged. According to operator Terminal Puerto Coquimbo, the damage has to be evaluated by specialized personnel before operations are resumed.