Second strong earthquake hits Chile


A 7.8 magnitude earthquake has struck northern Chile just a day after one of 8.2.

However, although Tsunami warnings were issued on the coast, they have now been cancelled, and there were no initial reports of casualties or serious damage from the second quake.

Glencore Xstrata's (GLCNF, GLNCY) and Anglo American's (AAUKF, AAUKY) Collahausi mine said it is continuing the "process of normalization" without problems following an evacuation of workers because of Tuesday's quake.

Teck Resources (TCK) and Southern Copper (SCCO) also have mining operations in Chile; the latter's were continuing normally following the first quake.

ETFs: JJC, CPER, CUPM

Comments (1)
  • 6151621
    , contributor
    Comments (1172) | Send Message
     
    Non event for the mines. Large asset losses in some areas but initial reports indicate no fatalities. Best Wishes to all those suffering impact of these quakes.
    3 Apr 2014, 09:10 AM Reply Like
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