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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 (1180) | 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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