Articles for tag: BraimChipleCodelcoCOOminingnamesveteran

January 26, 2024

Ron Finklestien

mining

Codelco brings veteran Braim Chiple onboard as COO Codelco brings veteran Braim Chiple onboard as COO

As Codelco, the copper giant, grapples with increased costs and decreased production, it has turned to seasoned mining professional Braim Chiple to lead the charge as its new Chief Operating Officer (COO). Previously advising and senior consulting for copper trading in South America at Mitsubishi RtM, Chiple comes into the fold at a time when Codelco is facing an uphill battle. Codelco’s production saw a significant plunge to the lowest level in 25 years in 2022, marking a worrying trend of decline after years of underinvestment in its aging deposits. It now faces the risk of losing its coveted position