Fox Business - The Power to Prosper
Search Site

President Sebastian Pinera

Related Topics

  1. President Juan Manuel Santos
  2. John Adams
  3. Presidential Medal Of Freedom
  4. Barack Obama Budget
  5. G8 Summit
  6. Nestor Kirchner
Get updates on President Sebastian Pinera
Chile Copper Strike Halts Codelco But Doesn't Spread to Private Mines

What was supposed to be a nation-wide, 24-hour strike in Chile's copper mines Tuesday turned into industrial action only at state copper giant Corporacion Nacional del Cobre's eight divisions, halting production of some 4,600 metric tons of copper, according to government estimates.Chile is the world's largest copper producer, with an annual production of around 5.5 million metric tons, or roughly a third of global output. Codelco, as the state company is known, is the world's biggest copper mining firm, accounting for about 11% of global production.As a result of the labor stoppage at Codelco, copper for May delivery rose 7.05 cents, or 2.1%, to settle at $3.4415 a pound on the Comex division of the New York Mercantile Exchange Tuesday.Codelco workers unionized under the Federation of Copper Workers umbrella labor group called for the nation-wide walkout to protest what they call unmet demands regarding changes to local labor laws, the private pension fund system, Codelco's health car...

Read More ›

  1. Chile's Pinera : Free Trade Can Strengthen Economies

    Chile President Sebastian Pinera advocates more free trade between the U.S. and Chile

  2. Chile seeks more taxes, tighther safety at mines

    (Recasts, updates with mining minister comments on safety)By Alonso SotoSANTIAGO (Reuters) - Chilean President Sebastian Pinera Friday proposed boosting royalties pa...

  3. Chile, Suez agree to relocate $1.1 bln plant

    (Updates with Suez company response)SANTIAGO (Reuters) - Chile and France's GDF Suez have agreed to relocate a planned $1.1 billion thermal power plant, following a ...

  4. Chile secures lifeline to trapped miners, sends aid

    (Updates with quote from trapped miner, details)By Alonso SotoCOPIAPO, Chile (Reuters) - Chilean miners who survived 18 days after a cave-in received hydration gel a...

  5. Chile secures lifeline to trapped miners

    (Updates with drill hole reinforced, supplies to be sent)By Alonso SotoCOPIAPO, Chile, (Reuters) - Rescue workers Monday reinforced a small drill hole to serve as an...

  6. TIMELINE-Trapped Chilean miners alive, rescue to take months

    SANTIAGO (Reuters) - Thirty-three Chilean miners trapped deep underground for 17 days sent a message to the surface Sunday, saying they were all still alive, but exp...

  7. ANALYSIS-Latam seen stepping up forex intervention, but risky

    By Simon GardnerSANTIAGO (Reuters) - South American policymakers will likely step up intervention to stem surging currency gains, but they tread a fine line that ris...

  8. A LatAm airline colossus is born with TAM-LAN deal

    By Elzio Barreto and Brad HaynesSAO PAULO/SANTIAGO, (Reuters) - Brazil's TAM and Chile's LAN announced a proposed merger Friday that would create Latin America's lar...

  9. EMERGING MARKETS-Brazil, Mexico currencies gain

    (CORRECTS headline to reflect currencies' rise in Friday's session)By Michael O'BoyleMEXICO CITY (Reuters) - Mexico's peso and Brazil's real edged up Friday after be...

  10. EMERGING MARKETS-Brazil, Mexico currencies slide

    By Michael O'BoyleMEXICO CITY (Reuters) - Mexico's peso and Brazil's real edged up Friday after being battered through the week by concerns about slowing growth in t...

  11. New tack as fresh mine cave-in blocks Chile rescue

    (Updates with fresh President Pinera quote, plan details)By Alonso SotoCOPIAPO, Chile (Reuters) - Rescuers readied Sunday to drill small holes deep inside a mine in ...

  12. Chile June growth surprises, cenbank signals hikes

    (Updates with President Pinera comment)By Antonio de la Jara and Simon GardnerSANTIAGO (Reuters) - Chile's economy grew more than expected in June though the pace of...

  1. In search of business, Europe changes tone in Latin America

    Five years ago during the closing speeches of a summit in Chile, Spain's king told Venezuelan President Hugo Chavez to "shut up" in an exchange that epitomized the f...

  2. Botched Chile Lithium Tender Won't Damp Mining Investments

    SANTIAGO, Chile--The botched tender for a lithium operations contract, resulting in a voided contest and the resignation of the mining undersecretary Tuesday, won't ...

  3. Chile's President Speaks to Bret Baier

    Web exclusive: President Pinera discusses nuclear proliferation, Chile's earthquake, and the direction he wants to take the country

  4. President Sebastian Pinera : 'God Tested Us This Year'

    Chilean president celebrates the rescue of all 33 trapped miners

  5. Obama, on Latin America Trip, Grapples With Libya

    President Barack Obama will head to Chile on Monday to lay out his vision for deeper ties with Latin America on a trip overshadowed by U.S. military air strikes to c...

  6. Hawaii Escapes Tsunami Damage, West Coast Next

    People fled their homes in parts of northern California on Friday as a tsunami triggered by the massive earthquake in Japan began hitting the West Coast after rollin...

  7. Chile LAN Expects Colombia Operations To Break Even By 2012

    SANTIAGO -(Dow Jones)- Chilean flagship carrier LAN Airlines SA (LFL, LAN.SN) expects its Colombian operations to break even by 2012, the company's chief financial o...

Freebase CC-BY
Source: President Sebastian Pinera on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL