Vicuña Corp.

Vicuña Corp. is a joint venture between BHP and Lundin Mining, focusing on mining projects, including significant operations such as Filo del Sol in Chile. The company aims to explore and develop high-value mineral resources to meet global demand.

CCI Score

-14.04

0.01% May 5

Latest Event

Formation of Vicuña Corp Joint Venture

Lundin Mining and BHP have formed Vicuña Corp through the joint acquisition of Filo and the sale of a 50% interest in the Josemaria project, creating a new mining venture focused on sustainability and capacity building in the copper sector.

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ENABLER

Vicuña Corp. is currently rated as an Enabler.

-10 to -19 CCI Score

Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

JAN

15

2025

Formation of Vicuña Corp Joint Venture
9.70

Lundin Mining and BHP have formed Vicuña Corp through the joint acquisition of Filo and the sale of a 50% interest in the Josemaria project, creating a new mining venture focused on sustainability and capacity building in the copper sector.
+10

Business Practices and Ethical Responsibility

May 5

The joint venture formation emphasizes the application of international industry standards and a commitment to sustainability and capacity building. This suggests an adherence to ethical business practices and responsible corporate behavior. While the event is primarily a business consolidation, the focus on responsible operational standards earns a modest positive rating from an anti-fascist perspective that values corporate accountability and ethical practices.

Lundin Mining Completes Joint Acquisition of Filo with BHP and 50% Sale of Josemaria to Form Vicuña Corp.
OCT

08

2024

Labor Dispute in Vicuña Mining Projects
-37.77

A labor conflict has emerged in the transborder mining district where Vicuña Corp. operates. The Argentine union AOMA has protested the hiring practices at the Jose María and Filo del Sol projects, arguing that the reliance on Chilean workers and suppliers undermines local Argentine labor participation.
-40

Labor Relations and Human Rights Practices

May 5

The article highlights a significant labor dispute where Vicuña Corp.'s mining projects are criticized by the Argentine union AOMA for insufficient inclusion of local workers. This indicates problematic labor practices that could undermine worker rights, a key area under Business Practices and Ethical Responsibility.

Conflicto laboral en proyectos mineros del Distrito Vicuña