Chile's Codelco says El Teniente mine still shut due to rains

lunes 18 de abril de 2016 13:06 GYT

By Anthony Esposito

SANTIAGO, April 18 (Reuters) - Chilean state-owned miner Codelco said on Monday that operations at its El Teniente copper mine would likely be suspended until Thursday because of torrential rains over the weekend that triggered landslides and caused rivers to breach their banks.

The heavy rains, which continued on Monday and were expected to move north into the country's main mining area, have left two people dead, 10 missing and millions without drinking water.

Shopping centers and schools were closed throughout the capital, Santiago, as the swelling Mapocho River made some major highways impassable.

After halting the century-old underground El Teniente mine on Saturday, Codelco had initially said it expected to restart production in at least three days. The mine is located about 80 km (50 miles) south of Santiago.

The world's No.1 copper producer told Reuters it is losing approximately 1,500 tonnes of copper output and $7.5 million each day the mine is halted.

El Teniente's mineral transport system, mine access and industrial installations have been affected, the company said.

The El Teniente area received 350 millimeters (13.8 inches) of rain in three days. Its normal annual rainfall is 513 millimeters, Codelco said.

According to Chile's meteorological service, the storms are headed north toward the Atacama region, home of many of the nation's biggest copper mines.   Continuación...