Latest Codelco News & Updates

See the latest news and media coverage for Codelco. We track all announcements, press releases, and industry mentions in real time, all in one place.

Codelco

State-owned Chilean copper mining company

codelco.com

Headquarters: Santiago, Chile
Founded year: 1971
Company type: Public company
Number of employees: 10,000+
Industry: Specialty Mining & Metals

Last updated Today

Latest news about Codelco

In short: Codelco faced internal scrutiny over production figures and debt while the Chilean government rejected privatization in favor of reforms.

Company announcements

July 29 Codelco

Codelco commemorates six deceased workers and renews commitment

On July 31 it will hold ceremonies and a minute of silence at all its operations to honor their memory.

July 22 Codelco

Codelco CEO Jorge Gómez visits El Teniente mine

As his first visit as president, he reviewed safety progress after 2025 accidents and met with workers and union leaders.

July 22 Codelco

Codelco begins field deployment of its executive president Jorge Gómez

Visits El Teniente to review safety progress after fatal accident of 2025 and meet with workers and unions.

July 21 Codelco

Codelco commissions KPMG external audit of 2024-2025 production

The audit reviews inconsistencies detected in December 2025 and covers copper production reports.

Media coverage

July 31 Diario Financiero

Codelco: the profitability crisis behind its figures

Costs 57% higher than its global peers, an EBITDA margin of 34%, lower than its peers, net debt that quintuples that of its competitors...

July 31 Realtid

Weather chaos in Chile hits copper mining hard

Extreme weather stops copper mines in Chile and worsens the global shortage. Analysts warn of price movements when production stands still.

July 30 24horas.cl

"They will not have political support, impossible": academic on possible privatization of Codelco

We must open the discussion on how to finance the debt (...) It cannot continue to grow, because it is very high, especially after the accident...

July 30 Radio Pauta

Minister Quiroz proposes that Codelco could incorporate private capital, but that it 'never ceases to be a company controlled by the State'

The Minister of Finance stated that the Government is not in favor of privatizing the state copper company, although he was open to evaluating partnerships with private entities, a...

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