{"id":289831,"date":"2026-02-13T20:03:31","date_gmt":"2026-02-13T20:03:31","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/289831\/"},"modified":"2026-02-13T20:03:31","modified_gmt":"2026-02-13T20:03:31","slug":"copper-miner-codelco-sacks-executives-after-el-teniente-audit","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/289831\/","title":{"rendered":"Copper miner Codelco sacks executives after El Teniente audit"},"content":{"rendered":"\n<p class=\"yf-vbsvxt\">By Fabian Cambero<\/p>\n<p class=\"yf-vbsvxt\">SANTIAGO, Feb 13 (Reuters) &#8211; Chilean state copper miner Codelco on Friday removed three senior executives linked to its El Teniente division, the site of a \u200cdeadly collapse last year, after an internal audit found inconsistencies tied to a prior \u200caccident in the same mine.<\/p>\n<p class=\"yf-vbsvxt\">Codelco said that an internal audit stemming from the July accident at El Teniente uncovered &#8220;serious breaches \u200bof duty&#8221; by executives after a rock explosion within the mine in 2023, including in the company&#8217;s reports to mining regulator Sernageomin.<\/p>\n<p class=\"yf-vbsvxt\">Codelco&#8217;s Chief Operations Officer Mauricio Barraza, who oversaw all of Codelco&#8217;s mine divisions, as well as El Teniente head Claudio Sougarret and El Teniente projects manager Rodrigo Andrades will \u200cbe replaced immediately, Codelco said.<\/p>\n<p class=\"yf-vbsvxt\">Barraza \u2060had previously served as mine head. Sougarret was brought on to lead the mine in August, following the accident. He had previously been operations manager \u2060there.<\/p>\n<p class=\"yf-vbsvxt\">The removal of some of Codelco&#8217;s top operational leaders underscores the complexity of the technical challenges dating back years at El Teniente, the world&#8217;s largest underground copper mine.<\/p>\n<p class=\"yf-vbsvxt\">Barraza will be replaced by Lindor Quiroga and \u200bSougarret \u200bwill be replaced by Gustavo Reyes. Claudio Canut will \u200balso take over as interim head \u200cof the Andina division, Codelco said.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;RADICAL&#8221; REORGANIZATION<\/p>\n<p class=\"yf-vbsvxt\">Codelco&#8217;s board said in a separate statement on Friday that it had also identified weaknesses in governance at El Teniente and throughout the firm more broadly.<\/p>\n<p class=\"yf-vbsvxt\">The board approved a &#8220;radical&#8221; reorganization of operations at El Teniente, with senior executives more involved in the mine&#8217;s day-to-day affairs.<\/p>\n<p class=\"yf-vbsvxt\">Unalterable digital signatures will be implemented on technical reports, the board said. It did \u200cnot say whether the former executives had altered signatures.<\/p>\n<p class=\"yf-vbsvxt\">Codelco \u200badded that it would hand over information to Chile&#8217;s public \u200bprosecutor&#8217;s office while opening further internal \u200baudits.<\/p>\n<p class=\"yf-vbsvxt\">DIFFICULT ROAD AHEAD<\/p>\n<p class=\"yf-vbsvxt\">The collapse last year occurred in an expansion project at the \u200cflagship mine that was meant to boost \u200boutput at a time \u200bwhen the company is struggling to lift production.<\/p>\n<p class=\"yf-vbsvxt\">On Tuesday Sougarret told Reuters that output at the mine, once Codelco&#8217;s most productive, would be depressed for the next five years, \u200ba longer estimate than the miner&#8217;s \u200cprevious estimate of three years.<\/p>\n<p class=\"yf-vbsvxt\">He said that production would likely hover around 301,000 metric \u200btons of copper per year during that period.<\/p>\n<p class=\"yf-vbsvxt\">(Reporting by Fabian Cambero; Writing by \u200bKylie Madry; Editing by Cassandra Garrison, Kirsten Donovan)<\/p>\n","protected":false},"excerpt":{"rendered":"By Fabian Cambero SANTIAGO, Feb 13 (Reuters) &#8211; Chilean state copper miner Codelco on Friday removed three senior&hellip;\n","protected":false},"author":2,"featured_media":289832,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,147640,29697,147638,85,147639,46,142006],"class_list":["post-289831","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-chief-operations-officer-mauricio-barraza","tag-codelco","tag-el-teniente","tag-il","tag-internal-audit","tag-israel","tag-senior-executives"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/289831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=289831"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/289831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/289832"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=289831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=289831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=289831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}