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Anglo American halts operations at Los Bronces copper mine in Chile

Nov. 17, 2016 8:37 AM ETAnglo American plc (AAUKF) StockAAUKY, AAUKFBy: Carl Surran, SA News Editor1 Comment
  • Anglo American (OTCQX:AAUKF, OTCPK:AAUKY) says it is halting production and evacuating 1,500 workers from its Los Bronces copper mine in Chile after contract workers seized installations at the mine.
  • The company says the incident follows recent wage negotiations between a union of contract workers and companies that provide services to Los Bronces.
  • Anglo says it is still evaluating whether the incident would impact production at Los Bronces, one of the world's biggest copper mines; the mine produced 401K tons of copper last year.

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