Codelco Fires Top Executives Over Cover-Up at El Teniente
11 Articles
11 Articles
Codelco Fires Top Executives Over Cover-Up at El Teniente
Key Points — Chile’s Codelco dismissed its vice president of operations and two senior El Teniente managers after an internal audit uncovered concealment of technical data reported to regulators. — The audit traced the cover-up to a 2023 rock burst at the mine, whose misreported aftermath preceded a deadly July 2025 collapse that killed six […]
This Friday, Codelco reported that within the framework of the internal audit carried out on the causes of ...
The state-run Codelco informed the Financial Market Commission (CMF) that Claudio Sougaret, general manager of El Teniente; Rodrigo Andrades Contreras, former mine manager and current project manager in the mine; and Mauricio Barraza, vice president of operations, will leave their functions in the company from today.
Sernageomin gave Codelco 12 hours to report extraordinary security measures.
The National Service of Geology and Mining (Sernageomin) announced on Friday a series of urgent measures against Codelco after the state directory reported on “serious inconsistencies and concealments” in the technical information related to the rock explosion that occurred in July 2023 in the El Teniente Division. The report was issued following a review driven by the tragedy that left 6 people dead after a collapse in the same mine in the midd…
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