Fabian Cambero

Chilean health regulator approves CoronaVac use among children over age 6

Sep 06 2021

SANTIAGO The Chilean health regulator on Monday approved the COVID-19 vaccine produced by China's Sinovac Biotech Ltd for use in children over 6 years of age, allowing more people to be included in the country's rapid inoculation campaign.

EXCLUSIVE-Chile needs $150 bln to boost green copper output, minister says

Sep 01 2021

SANTIAGO, Sept 1 Mining powerhouse Chile needs $150 billion in investment to hit its goal to nearly double copper output by 2050, part of a bigger plan by the world's top copper producer to ratchet up production while reducing environmental harm, the country's mining minister told Reuters on Wednesday.

UPDATE 2-Chile central bank hikes GDP growth prediction on spending surge

Sep 01 2021

SANTIAGO, Sept 1 Chile's Central Bank on Wednesday revised upwards its predicted growth range for 2021 GDP to 10.5% to 11.5% from a previous estimate of 8.5% to 9.5% amid what it called a "rapid recovery" from a recession caused by the COVID-19 pandemic.

Chile's economic activity climbs further in July as recovers from COVID

Sep 01 2021

SANTIAGO, Sept 1 Chile's economic activity rose 18.1% year-on-year in July, supported by a low base of comparison and a recovery from the impact of the coronavirus pandemic, its central bank said on Wednesday.

Chilean environmental court endorses Caserones damage compliance plan

Aug 31 2021

SANTIAGO A Chilean court on Tuesday approved a plan by JX Nippon's Caserones Mine to rectify environmental damage despite a fresh challenge to its validity raised by farmers in the country's northern Copiapó region.

Chile outlines plans for mining to increase traceability, use less water

Aug 31 2021

SANTIAGO Chile has outlined plans to require miners in the country to increase traceability, slash water use amid a prolonged drought, and bolster the diversity of their leadership in a mining policy blueprint published on Tuesday.

U.N. Latin America arm revises region's 2021 economic growth upwards to 5.9%

Aug 31 2021

SANTIAGO The Economic Commission for Latin America and the Caribbean (ECLAC) has adjusted upwards its economic growth forecast for the region this year to 5.9%, as expectations improve for a global recovery following the COVID-19 pandemic.

Strike threat rises at BHP's Cerro Colorado mine after union vote

Aug 30 2021

SANTIAGO A union at BHP's Cerro Colorado copper mine in Chile voted to reject the company's latest contract offer, it said on Monday, paving the way for a potential strike at the small operation.

Chile's Codelco calls striking workers back to table at Andina mine, unions say

Aug 27 2021

SANTIAGO World top copper producer Codelco on Friday called on unions at its Andina mine to come back to the bargaining table 16 days after its workers walked off the job at the central Chilean deposit, union leaders told Reuters. The strike, which has slowed operations and output to the minimum necessary to ensure safety, comes as the price for copper this year has soared on tight supply and recovering global demand. "[Codelco] is giving itself the luxury of losing almost five million dollars a day," union leader Manuel Cañas told Reuters. The unions have held firm to their assertion that the contract offered by Codelco has curtailed historical benefits and ignored the high price of copper.

Royalty bill will put Chile's private miners out of business, trade group says

Aug 25 2021

SANTIAGO, Aug 25 Chile's sprawling mining sector believes a royalty bill under discussion in Congress could shut down the country's private miners as currently written, a senior mining executive told lawmakers on Wednesday.

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