Chile Codelco's CEO sees 2016 cash costs averaging $1.30/lb

martes 6 de septiembre de 2016 08:51 GYT

SANTIAGO, Sept 6 (Reuters) - Chile's state-owned copper miner Codelco will likely see cash costs average $1.30 per pound of copper in 2016, chief executive Nelson Pizarro said at a mining conference on Tuesday.

Pizarro added that Codelco is aiming to bring cash costs down by an additional $0.30 per pound of copper within the next five years. (Reporting by Anthony Esposito & Fabian Cambero)