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CODELCO (full name in Spanish: Corporación Nacional del Cobre de Chile; in English: Chilean National Copper Corporation) is a state-owned company in Chile and the world's largest copper producer with estimated 200 years of copper reserves. Codelco produces 21% of worldwide annual volume of ore, and its principal production is 99.99% pure copper cathodes. Codelco (2004) ranks also first in the production rhenium and second of molybdenum, both side products of the copper mining. Image File history File links Metadata No higher resolution available. ...
A government corporation or government-owned corporation is a legal entity created by a government to exercise some of the powers of the government. ...
1955 (MCMLV) was a common year starting on Saturday (link will display the full calendar) of the Gregorian calendar. ...
Image File history File links Flag_of_Chile. ...
Location of Santiago commune in Greater Santiago Coordinates: Region Santiago Metropolitan Region Province Santiago Province Foundation February 12, 1541 Government - Mayor Raúl AlcaÃno Lihn Area 1 - City 641. ...
Chuquicamata, the largest open pit copper mine in the world, Chile. ...
General Name, Symbol, Number copper, Cu, 29 Chemical series transition metals Group, Period, Block 11, 4, d Appearance metallic pinkish red Standard atomic weight 63. ...
Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ...
shelby was here 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...
For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ...
Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...
A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on a Web server, usually accessible via the Internet or a LAN. A Web page is a document, typically written in HTML, that is almost always accessible...
General Name, Symbol, Number copper, Cu, 29 Chemical series transition metals Group, Period, Block 11, 4, d Appearance metallic pinkish red Standard atomic weight 63. ...
General Name, Symbol, Number rhenium, Re, 75 Chemical series transition metals Group, Period, Block 7, 6, d Appearance grayish white Standard atomic weight 186. ...
General Name, Symbol, Number molybdenum, Mo, 42 Chemical series transition metals Group, Period, Block 6, 5, d Appearance gray metallic Standard atomic weight 95. ...
History -
Codelco's history begins with Law 11,828, of May 5, 1955, that created the Copper Office (Departamento del Cobre) of the Chilean government, approved under President Carlos Ibáñez del Campo. During the administration of President Eduardo Frei Montalva, Congress sanctioned law 16.425, on January 25, 1966, and transformed the Copper Office into the Copper Corporation of Chile (Codelco). The nationalization of the Chilean copper industry, (Chilenization) during the Salvador Allende government was the espoused basis for a later international boycott, which further isolated Chile from the world economy, worsening the state of political polarization. ...
May 5 is the 125th day of the year in the Gregorian calendar (126th in leap years). ...
1955 (MCMLV) was a common year starting on Saturday (link will display the full calendar) of the Gregorian calendar. ...
General Carlos Ibáñez del Campo (November 3, 1877âApril 28, 1960) was a Chilean Army officer and political figure. ...
Eduardo Nicanor Frei Montalva (1911â1982) was the president of Chile from 1964 to 1970. ...
is the 25th day of the year in the Gregorian calendar. ...
1966 (MCMLXVI) was a common year starting on Saturday (the link is to a full 1966 calendar). ...
With the constitutional reform that nationalized copper (Law 17,450 of July 11, 1971), during President Salvador Allende's government, full ownership of all copper mines and copper fields in the country were transferred to Codelco. The creation of the Corporación Nacional del Cobre de Chile, as it is currently known, was formalized by decree of April 1, 1976, under the Augusto Pinochet administration. A study by Goldman Sachs of January 2006 estimated the current value of the company between $24,5 and $27,5 Billions US[citation needed]. The nationalization of the Chilean copper industry, (Chilenization) during the Salvador Allende government was the espoused basis for a later international boycott, which further isolated Chile from the world economy, worsening the state of political polarization. ...
is the 192nd day of the year (193rd in leap years) in the Gregorian calendar. ...
Year 1971 (MCMLXXI) was a common year starting on Friday (link will display full calendar) of the 1971 Gregorian calendar. ...
Salvador Allende Gossens[1] (July 26, 1908 â September 11, 1973) was President of Chile from November 1970 until his suicide during the coup détat of September 11, 1973. ...
is the 91st day of the year (92nd in leap years) in the Gregorian calendar. ...
Year 1976 (MCMLXXVI) was a leap year starting on Thursday (link will display full calendar) of the 1976 Gregorian calendar. ...
Captain General Augusto José Ramón Pinochet Ugarte[1] (ValparaÃso November 25, 1915âSantiago of Chile December 10, 2006) was dictator and President of Chile from 1973 to 1990. ...
Goldman Sachs offices at the Fraumünsterplatz in Zürich (the light-colored building on the left) The Goldman Sachs Group, Inc. ...
Codelco made more than 9 thousands millions US dollars profits in 2006. According to the Ley reservada de Cobre, 1,311 millions dollars of these profits are reserved for the Chilean Armed Forces [1]. Chiles armed forces are subject to civilian control exercised by the president through the Minister of Defense. ...
Divisions Codelco has four mining and one industrial divisions. They are all located in Northern and Central Chile. - Codelco Norte Division
- Salvador Division
- Andina Division
- El Teniente Division
Mines El Teniente El Teniente, located 80 km south of Santiago, owned by Codelco and administrated by its El Teniente Division, is the largest underground mine in the world, having 2400 km of underground galleries. Location of Santiago commune in Greater Santiago Coordinates: Region Santiago Metropolitan Region Province Santiago Province Foundation February 12, 1541 Government - Mayor Raúl AlcaÃno Lihn Area 1 - City 641. ...
Chuquicamata Chuquicamata, located 15 km north of Calama, is the largest open-pit copper mine in the world. It is administrated by Division Codelco Norte. One of the larger pits in the base of the open cast mine Chuquicamata copper mine in 1984 Chuquicamata, or Chuqui, as it is commonly called, is the largest open pit copper mine in the world. ...
Calama is a city in the Atacama Desert in northern Chile. ...
Radomiro Tomic Radomiro Tomic is located 1670 km North of Santiago and near Chuquicamata, at 3000 meters above sea level in the Andes Range. It is an open pit mine that extracts oxide minerals. Although this deposit was discovered in the 1950's, its operations started in 1995, after Codelco updated the feasibility studies for its exploitation and had the necessary technology to exploit it profitably. It is administrated by Division Codelco Norte. Radomiro TomiÄ mine, is located at ( ), 1. ...
References La Segunda (The Second) is a Chilean afternoon daily own by El Mercurio SAP. Official site Category: ...
See also The nationalization of the Chilean copper industry, (Chilenization) during the Salvador Allende government was the espoused basis for a later international boycott, which further isolated Chile from the world economy, worsening the state of political polarization. ...
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