UPDATE 1-Codelco to cut 2015 costs by $1 bln as copper price plummets
January 30, 2015 at 10:28 AM EST
SANTIAGO, Jan 30 (Reuters) - World No.1 copper miner Codelco will slash costs by $1 billion in 2015 and cut direct cash costs by $0.193 per pound of copper at its operations, Chief Executive Nelson Pizarro said Friday, as the price of the base metal slumped to multi-year lows.
