Antofagasta suspends operations at key Chile mine for 4 months

Copper miner Antofagasta said on Monday it has suspended its Los Pelambres Expansion project in Chile for about 120 days due to the coronavirus crisis in the South American country. Antofagasta said it has also suspended contracts with most of the companies involved in the project, which accounts for nearly half of the its total copper output.

30% of new construction in Chile is halted by Covid-19

377 construction sites have had to stop work due to the quarantine, a figure that is equivalent to almost 30% of the total new projects in development in Chile. According to a cadastre of Iconstruye, a digital platform linked to the CChC, 87% of paused projects are located in the Metropolitan Region and that 68% correspond to departmental development.