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Minera Escondida
Minera Escondida (which means 'hidden' in Spanish) is a mining company that operates two open pit copper mines in the Atacama Desert, 170 km southeast of Antofagasta in northern Chile. It is currently the highest producing copper mine in the world. Its 2007 production of 1.483 million tons of the metal was worth US$10.12 billion, mainly as metal in concentrate, but some as cathode, and was 9.5% of world output and 26% of Chilean production, according to the US Geological Survey's preliminary estimates of 2007 world mine output. Overview It is so called because the main orebody does not outcrop on the surface, but is 'hidden' by hundreds of metres of practically barren overburden. The lower open pit in the satellite image on the right is the main Escondida mine, but the upper two are Barrick Gold's Zaldívar mine. The second Escondida open pit, Escondida Norte, had not been established when the image was taken, but is now immediately to the right (east) of the larger Zaldíva ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Copper Mining Companies Of Chile
Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable metallic form (native metals). This led to very early human use in several regions, from circa 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide ores, circa 5000 BC; the first metal to be cast into a shape in a mold, c. 4000 BC; and the first metal to be purposely alloyed with another metal, tin, to create bronze, c. 350 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chilean Nationalization Of Copper
The nationalization of the Chilean copper industry, commonly described as the Chileanization of copper ( es, Chilenización del cobre) was the process by which the Chilean government acquired control of the major foreign-owned section of the Chilean copper mining industry. It involved the three huge mines known as 'La Gran Mineria' and three smaller operations. The Chilean-owned smaller copper mines were not affected. The process started under the government of President Carlos Ibáñez del Campo, and culminated during the government of President Salvador Allende, who completed the nationalization. This "act of sovereignty" was the espoused basis for a later international economic boycott, which further isolated Chile from the world economy, worsening the state of political polarization that led to the 1973 Chilean coup d'état. The mines involved in the nationalization By the late 1950s, the three principal copper mines in Chile were Chuquicamata, El Salvador, and El Teniente. C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ADN Mundo
ADN may refer to: Technology * Application Delivery Network, a suite of technologies for improved delivery of applications across the Internet * Aircraft Data Network, a proposed network standard for commercial aircraft installations * Abbreviated Dialing Numbers, two or three digits sequence to reach specific telephone numbers, such as those of public services * App.net, an online social networking service * Digital Negative (file format), a raw image format designed by Adobe Systems Science *Ammonium dinitramide, a rocket propellant * DNA, as abbreviated in various languages (particularly Romance languages such as Spanish and French) *Auditory Disability with Normal hearing, a term for King-Kopetzky syndrome *Adiponitrile Politics * Nationalist Democratic Action (Spanish: ), a political party of Bolivia * National Democratic Alliance (Italy) (Italian: ), a former political party of Italy Media * ''ADN'' (newspaper), a Spanish free daily newspaper *, the state news agency of Ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Nación (Chile)
''La Nación'' is a Chilean newspaper created in 1917 by Eliodoro Yáñez and presided until 1927 by Carlos Dávila. It was a private company until 1927, when it was expropriated by president Carlos Ibáñez del Campo, and since then has remained a state property. Currently it is owned by Empresa Periodística La Nación S.A., which in turn is 69% owned by the State of Chile. Is published by the SA La Nacion newspaper company that also publishes the Official Journal of the Republic of Chile. Company revenues come primarily from sales of the Official Journal and the printing division of the company, and currently the market share of the newspaper (except ''La Nación Domingo'', the Sunday edition) is marginal, due to its low circulation. Foundation and expropriation The newspaper La Nacion was created in 1917 as a way to deliver information and compete with other newspapers of Santiago (El Mercurio, Las Ultimas Noticias, El Diario Ilustrado, among others). According to its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Workers' United Center Of Chile
The Workers' United Center of Chile ( es, Central Unitaria de Trabajadores de Chile, CUT) is a union federation in Chile. The CUT was founded in 1953, but it was suppressed after the Chilean coup of 1973. It was refounded in September 1988 near the end of Augusto Pinochet's dictatorship. The CUT is affiliated with the International Trade Union Confederation (ITUC). See also *Clotario Blest Clotario Leopoldo Blest Riffo (; 17 November 1899 – 31 May 1990) was a Chilean social activist and labor union leader. Blest was one of the founders of Agrupación Nacional de Empleados Fiscales (ANEF), Central Única de Trabajadores (CUT), R ... (1899–1990) * Strikes at Escondida mines, August 2006 References * External links Official web site Trade unions in Chile International Trade Union Confederation Trade unions established in 1988 {{SouthAm-trade-union-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Finance Corporation
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Getty Oil
Getty Oil was an American oil marketing company with its origins as part of the large integrated oil company founded by J. Paul Getty. History J. Paul Getty incorporated Getty Oil in 1942. He had previously worked in the oil fields of Oklahoma along with his father George Getty. When George died, he left J. Paul with $500,000 and a projection that he would destroy the family business. Starting in 1949, J. Paul Getty negotiated a 30-year old concession in the neutral zone between Saudi Arabia and Kuwait. Gordon Getty and his family inherited a 40% interest in the company when J. Paul Getty died in 1976. In 1984, after entering into a binding agreement to sell Getty and its 2.3-billion-barrel stockpile of proven oil reserves to Pennzoil, Gordon Getty struck a dramatic deal to sell the company to Texaco. On November 19, 1985, in the case of '' Texaco, Inc. v. Pennzoil, Co.'', Pennzoil won a US$10.53 billion verdict against Texaco in the largest civil verdict in U.S. history ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texaco
Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Independent business, independent company until its refining operations merged into Chevron, at which time most of its station franchises were divested to Shell plc through Shell USA, its American division. Texaco began as the "Texas Fuel Company", founded in 1902 in Beaumont, Texas, by Joseph S. Cullinan, Thomas J. Donoghue, and Arnold Schlaet upon the discovery of oil at Spindletop. The Texas Fuel Company was not set up to drill wells or to produce crude oil. To accomplish this, Cullinan organized the Producers Oil Company in 1902, as a group of investors affiliated with The Texas Fuel Company. Men such as John W. ("Bet A Million") Gates invested in "certificates of interest" to an amount of almost ninety thousand dollars. Future restructurin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chuquicamata
Chuquicamata ( ; referred to as Chuqui for short) is the largest open pit copper mine in terms of excavated volume in the world. It is located in the north of Chile, just outside Calama, at above sea level. It is northeast of Antofagasta and north of the capital, Santiago. Flotation and smelting facilities were installed in 1952, and expansion of the refining facilities in 1968 made 500,000 tons annual copper production possible in the late 1970s. Previously part of Anaconda Copper, the mine is now owned and operated by Codelco, a Chilean state enterprise, since the Chilean nationalization of copper in the late 1960s and early 1970s. Its depth of makes it the second deepest open-pit mine in the world, after Bingham Canyon Mine in Utah, United States. Etymology There are several versions of the meaning of ''Chuquicamata''.''Cierre Cam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Porphyry Copper Deposit
Porphyry copper deposits are copper ore bodies that are formed from hydrothermal fluids that originate from a voluminous magma chamber several kilometers below the deposit itself. Predating or associated with those fluids are vertical dikes of porphyritic intrusive rocks from which this deposit type derives its name. In later stages, circulating meteoric fluids may interact with the magmatic fluids. Successive envelopes of hydrothermal alteration typically enclose a core of disseminated ore minerals in often stockwork-forming hairline fractures and veins. Because of their large volume, porphyry orebodies can be economic from copper concentrations as low as 0.15% copper and can have economic amounts of by-products such as molybdenum, silver, and gold. In some mines, those metals are the main product. The first mining of low-grade copper porphyry deposits from large open pits coincided roughly with the introduction of steam shovels, the construction of railroads, and a surge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
