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World's largest copper mine halts operations after worker death
BHP halted operations without a restart timeline after the fatal maintenance accident, and Chilean rules require inspectors to clear the site first.
- On Wednesday, BHP suspended operations at Escondida, the world's largest copper mine in Chile's Atacama Desert, after a worker was killed during maintenance work.
- The mine's supervisors' union reported the accident involved a front-end loader; under Chilean regulations, safety inspectors must verify conditions before operations can restart.
- Escondida is one of BHP's largest assets, with the company holding a 57.5% stake, while Rio Tinto owns 30% and Japan-based JECO Corp holds 12.5%.
- The mining giant's share price fell 2.34% to $60.62 in morning trade on Thursday, wiping out Wednesday's 1.39% gain as investors reacted to the suspension.
- With a strike vote scheduled between September 28 and 30, the Union representing around 1,020 workers has urged members to reject the company's latest pay offer.
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In addition, given the situation generated by the accident, the mining company requested the union of supervisors to suspend the collective bargaining process for 15 days, which was rejected by the workers.
·Las Condes, Chile
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Coverage Details
Total News Sources19
Leaning Left1Leaning Right5Center5Last UpdatedBias Distribution46% Center, 45% Right
Bias Distribution
- 46% of the sources are Center, 45% of the sources lean Right
46% Center
C 46%
R 45%
Factuality
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