Strikes at Chile copper mine to cost BHP Billiton nearly $550 million

Posted On: Jul. 20, 2017 4:00 AM CST

Strikes at Australian mining firm BHP Billiton Ltd.'s Escondida copper mine in Chile will cost the company $546 million, Evening Standard reported. BHP Billiton said that its copper production fell by 16% in 2016 due to the strikes at Escondida and unplanned maintenance work at Olympic Dam in South Australia.