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Codelco Probes New Overproduction Evidence

Summary by BizToc
Chilean state-owned mining company and the largest copper mining company in the world, Codelco, said on Tuesday that it informed its board of new inconsistencies in 2024–2025 production figures, alleg...

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The executive president of Codelco, Jorge Gómez, said that “the decision of the administration is to thoroughly investigate any irregularities, determine the corresponding responsibilities, apply the relevant sanctions and pursue the recovery of any possible property damage that may have occurred.”

·Las Condes, Chile
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In session this Tuesday, Codelco’s directory was informed of new inconsistencies in production figures. Detected from complaints that are part of the process of reviewing the production figures corresponding to the years 2024 and 2025. And that could have resulted in an artificial increase in the production reported [...] The post Codelco investigates new history of overproduction between 2025 and 2025 appeared first on La Nación.

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The directory of Codelco received information in a session held this Tuesday about new discrepancies in production, suggesting a possible artificial increase in its corporate numbers. The alarm arose from complaints presented during the accounting review directly related to the official records of the years 2024 and 2025, reports DNA...

At present, a committee of deputies is at the final stage of an investigation into the inconsistencies originally reported

·Bogota, Colombia
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La Tercera broke the news in Las Condes, Chile on Tuesday, October 6, 2026.
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