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- LUN.TOReuters - UK Focus•4 hours ago
BHP Billiton (NYSE: BBL - news) is advancing with the sale of its small Cerro Colorado copper mine in Chile (Stuttgart: 704599.SG - news) as a number of interested parties have emerged, although a final deal will likely take some months, the mine's union said on Thursday. BHP management updated union leaders on the planned sale of the mine this week, ahead of planned visits to the deposit by potential buyers, union leader Marcelo Franco said in an interview. Cerro Colorado produced 74,000 tonnes of copper last year out of top exporter Chile's total 5.5 million.