IBOV 175,710.05 ▼ 0.51% IPC MEX 69,734.34 ▲ 0.38% MERVAL 2,848,945 — — USD/BRL5.35▲ 0.10% USD/MXN18.69▲ 0.06% USD/CLP983.77▼ 0.54% USD/COP3,144▼ 0.15% USD/PEN3.45▲ 0.03% USD/ARS1,538— 0.00% USD/UYU40.21▲ 3.50% USD/PYG5,803▲ 4.05% USD/BOB11.97▲ 4.12% USD/DOP61.23▲ 1.88% USD/CRC451.24▲ 2.31% USD/GTQ7.64▲ 3.15% USD/HNL26.87▲ 0.25% USD/NIO36.62▼ 0.02% USD/VES885.90▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.51% USD/TTD6.71▲ 1.96% EUR/BRL5.95▼ 0.81% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 175,710.05 ▼ 0.51% IPC MEX 69,734.34 ▲ 0.38% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
since 2009
Wednesday, October 28, 2026

Strike enters fifth day at two BHP copper mines in Chile

By · May 31, 2021 · 2 min read

RIO DE JANEIRO, BRAZIL – (REUTERS) A strike by workers for BHP’s Escondida and Spence copper mines in Chile entered its fifth day on Monday, as the union awaited a decision by labor authorities over whether substitute workers the company called in are legal, a union leader told Reuters.

The 200-member union, which runs BHP’s Integrated Operations Center in Santiago, walked off the job last Thursday. Global miner BHP subsequently called in substitute workers to keep the mine running, a move the union said violated their right to an effective strike.

Strike enters fifth day at two BHP copper mines in Chile
Strike enters the fifth day at two BHP copper mines in Chile.

“We are waiting for the audits in the DT (Labor Directorate) to address the issue of replacements,” said Jessica Orellana, president of the guild. She told Reuters that there had been no move to return to talks with BHP.

Workers for the union are considered independent contractors by BHP, rather than employees, which has raised questions about whether substitute workers can be hired to replace them during a strike. Chilean labor law in some cases forbids such replacements of registered employees.

BHP told Reuters in a brief statement that both Spence and Escondida “have adopted contingency plans to maintain its operations, always fully respecting the legal framework governing collective bargaining.”

The strike at Escondida, the world’s largest copper mine, like that at the smaller Spence mine, comes as copper prices have spiked amid soaring demand as the world’s largest economies revive following more than a year of coronavirus-induced stagnation. The rising prices have given additional leverage to organized labor at Chile’s sprawling copper mines.

Since the start of the strike, BHP has not reported on the status of production at either of its operations. The remote operations workers have held small protests in Santiago since walking off the job.

A separate union of workers at the Spence mine also rejected a contract offer by BHP late last week, and will enter a final round of government-mediated talks in a bid to stave off its own strike, union president Ronald Salcedo told Reuters.

The much larger union of on-site workers at Escondida is also set to begin collective bargaining for a new contract in the coming weeks, and have warned they are bracing for a prolonged strike. (Reporting by Fabian Cmbero, writing by Dave Sherwood; Editing by David Gregorio)

Live Market IntelligenceChile — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Chile — Live Market Board

Santiago
Oct 28, 2026 · 03:56

S&P IPSA · benchmark
10,766.85
+1.81%
L 10,633day rangeH 10,722

Market breadth · 11 names
73% advancing

8 ▲ advancing3 declining ▼

Currencies, rates & key inputs
USD / CLP
983.47
-0.57%

Copper
6.65
+2.24%

Gold
4,073
+0.85%

Sector heatmap · average move today
Other
+2.78%
COPPER, SOUTHERN COPPER

Materials
+2.24%
SQM-B, CMPC

Industrials
+2.04%
LATAM AIR

Energy
+1.26%
COPEC

Consumer Disc.
+0.57%
FALABELLA

Financials
+0.56%
BSANTANDER, BANCO CHILE

Consumer Staples
-0.12%
CENCOSUD

Utilities
-0.61%
ENELAM

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
175,710.05
-0.51%

S&P/BMV IPCMexico
69,734.34
+0.38%

S&P IPSAChile
10,766.85
+1.81%

S&P MERVALArgentina
2,848,945
—

MSCI COLCAPColombia
2,506.51
+0.06%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
IPSA 10,766.85 +1.81% — 10,575.69 10,722 10,633 —
USD/CLP 983.47 -0.57% +5.64% 989.13 991.87 979.07 —
COPPER 6.65 +2.24% +29.44% 6.51 6.66 6.54 37,751
SQM-B 59,350 +5.00% +41.63% 56,525 59,500 56,800 139,333
COPEC 6,587 +1.26% -0.72% 6,505 6,678 6,523 651,577
BSANTANDER 78.27 +0.22% +18.23% 78.10 79.08 78.04 29,319,739
FALABELLA 6,537 +0.57% +12.38% 6,500 6,569 6,451 521,197
ENELAM 83.60 -0.61% -7.37% 84.11 85.95 83.33 17,436,403
CENCOSUD 1,818 -0.12% -37.29% 1,820 1,836 1,810 1,172,754
CMPC 935.00 -0.52% -28.63% 939.90 939.76 933.04 507,661
BANCO CHILE 192.44 +0.90% +20.05% 190.73 192.99 190.73 16,978,917
LATAM AIR 22.04 +2.04% +4.75% 21.60 22.20 21.81 859,178,133
SOUTHERN COPPER 192.19 +3.32% +50.65% 186.01 193.86 185.75 649,631

Largest moves today
SQM-B
59,350
+5.00%
SOUTHERN COPPER
192.19
+3.32%
COPPER
6.65
+2.24%
LATAM AIR
22.04
+2.04%
IPSA
10,766.85
+1.81%
COPEC
6,587
+1.26%
BANCO CHILE
192.44
+0.90%
ENELAM
83.60
-0.61%

The session read
The S&P IPSA rose 1.81%, with breadth positive — 8 of 11 names higher. Other led, while Utilities lagged.

Editorial responsibility: Matthias Camenzind, Editor-in-Chief · Editorial standards · Report an error

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