Since some pupils have started the Americas Adventure in S1 and they have been given Chile as a nation to investigate, there is a current crisis in one of Chile's largest copper mines.
The Chuquicamata mining complex produces about 4% of the world's copper and is estimated to have produced 565,000 tonnes of copper last year.
A strike is currently underway due to poor pay and conditions. The company who own the mine, Codelco, are unconcerned at present.
On Monday the 4th of January, the price of copper reached a 16-month high of $7,504 a tonne.
If the strike continues long term there could be global repercussions, but the company apparently have a large stockpile at present.
Mr Marcus McGowan MSc PgDip BA (Hons)
This Business Education Learning Blog is aimed primarily at Higher Business Management students/teachers and ICT students/teachers.
This Business Education Learning Blog is aimed primarily at Higher Business Management students/teachers and ICT students/teachers.
The aim of this blog is to provide you with interesting articles, news, trivia as well as resources or links to materials which will help in your course of study.
I am a Teacher of Business Education and I have written for Education Scotland and BBC Bitesize.
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