Chilean copper giant Antofagasta is stockpiling all production at its 60%-owned Los Pelambres project in the Coquimbo region following detection of a leak in the underground pipeline that transports copper concentrate to the port at Los Vilos.
Pipeline repairs have been delayed due to a blockade by community members. Mining and processing plant operations have continued, with ore being stockpiled pending pipeline repairs.
Group copper production forecast is unchanged at 640,000-690,000t, subject to revision following repairs.
COMMUNITY PROTESTS DELAY LEAKING PIPELINE REPAIRS - |