Antofagasta suspends contractor agreements for 120 days

Chilean miner Antofagasta Minerals has suspended contracts with most companies building its Los Pelambres expansion project for up to 120 days, but has stressed that this does not imply that contracts will be terminated.

The London-listed company last week confirmed that its Los Pelambres expansion project, referred to in Chile as the Inco project, was on care-and-maintenance as a result of the Covid-19 health emergency.