SANTIAGO, May 10 (Reuters) - Chilean copper mine Collahuasi,
owned by Glencore Plc GLEN.L and Anglo American Plc AAL.L ,
said on Tuesday it has agreed to a partnership with Canadian
miner Teck Resources Ltd TCKb.TO to share resources and
infrastructure.
Collahuasi, located in northern Chile's copper belt, wants
to boost production after years of technical issues and labor
disputes. Teck operates the nearby, smaller Quebrada Blanca
mine.
The agreement would "facilitate better operation and
coordination between the companies," a spokeswoman for
Collahuasi said, adding that a confidentiality agreement
prohibited the company from discussing details.
Teck, meanwhile, said in a filing to the Chilean securities
regulator that the agreement would aid its current operations
and a potential expansion of its copper mine via the shared use
of water, energy, roads and other resources.
Collahuasi produced 455,300 tonnes of copper in 2015, while
Quebrada Blanca produced 39,100 tonnes.