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The nationalization of the Chilean copper industry, commonly described as the Chileanization of copper (Spanish: Chilenización del cobre) [1] 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 ...
2008 On April 3, 2008, Chávez ordered the nationalization of the cement industry. [128] 2008 On April 9, 2008, Chávez ordered the nationalization of Venezuelan steel mill Sidor, in which Luxembourg-based Ternium currently holds a 60% stake. Sidor employees and the Government hold a 20% stake respectively. [129]
Chilean copper mining of high-grade oxidized copper minerals and melted with charcoal produced 80,000 to 85,000 tons of copper in the 1541–1810 period. [1] Gold, silver and copper from Chilean mining begun to be exported directly to Spain via the Straits of Magellan and Buenos Aires in the 18th century. [17]
The mining sector in Chile has historically been and continues to be one of the pillars of the Chilean economy. [1] Copper exports alone stands for more than one third of government income. Most mining in Chile is concentrated to the Norte Grande region spanning most of the Atacama Desert. Mining products of Chile includes copper, gold, silver ...
4.3 Mexico. 5 South America. Toggle South America subsection. 5.1 Argentina. 5.2 Brazil. 5.3 Chile. 5.4 Peru. 6 See also. ... This list of copper mines includes ...
Chileans have referred to such large-scale copper mining operations as La Gran Minería del Cobre (a major copper mine). Before nationalization, these operations generated a large proportion of the foreign currency which the country received. In 1945 there was a disaster at El Teniente mine, resulting in the deaths of 355 men and injury to 747 ...
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The town was founded in 1906 by the Braden Copper Company as a company town to support extracting copper from the El Teniente mine. [2] It was named after the company's first president, Barton Sewell. During the Great Depression, the Braden Copper Company became a subsidiary of Kennecott Copper Company. In 1917 the foundry or smelter was moved ...