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Chile copper miner Codelco logs December production setback
Chile's top copper miners closed out 2023 unevenly, with state-run copper miner Codelco logging a setback in December, according to figures released on Monday by the Chilean Copper Commission (Cochilco). Codelco saw production fall 8.3% year-on-year in 2023 to 1.424-million metric tons, with its production in December alone dropping 2.1% to 142 000 tons. Codelco, the world's largest miner of the red metal, has in recent years struggled with, falling production, operational issues and high debt. Meanwhile, the BHP-controlled Escondida mine saw production climb 4.5% in the year, with December's numbers up 3.5% to 88 ... (full story)