Sign in to comment!



Chile's state-owned miner Codelco begins copper exports after port strike

Chilean state-owned mining company Codelco has resumed shipments of copper after a port strike blocked exports in the world's top copper producing nation.

Chief Executive Officer Thomas Keller says shipments will return to normal in about a month.

Port workers returned to work Saturday after reaching a deal to end three weeks of strikes that halted exports of copper, fruit and wood pulp.

The strike caused concerns because Chile produces a third of the world's copper and its solid economy is built around exports of minerals.

Labor unions at Codelco and private mining companies plan to announce a national strike for Tuesday.

Keller told foreign correspondents Monday that he doesn't expect increased labor unrest ahead of this year's presidential elections to affect copper output.

See the latest updates on the hottest midterm races from Fox News

Full Elections Coverage →

Keep up with all the 2014 races in

Coverage →