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Quake kills five at Codelco copper mine in Chile
Codelco says four of the five workers trapped at one of the world’s largest underground copper mines have been pronounced dead plus another who died when a powerful tremor caused a collapse last week. The Chilean copper giant confirmed the fifth fatality on Sunday morning after discovering the bodies of three workers on Saturday. One worker was reported dead at the time of the accident on Thursday evening when a 4.2-magnitude earthquake struck the central Chile region and caused the underground mine to collapse. Aftershocks delayed rescue operations. As of early Sunday, rescue teams had cleared 24 metres of blocked ... (full story)
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From zawya.com | Aug 4, 2025
Copper prices rose 1% on Monday on supply fears after a fatal mining collapse in Chile, the world's biggest producer, but gains were capped by concerns over the global economy. Three-month copper on the London Metal Exchange reached $9,722.50 a metric ton by 0930 GMT, building on Friday's modest gains. LME copper has rebounded by a fifth since touching its ...
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