BHP already operates the world’s largest copper mine, Escondida, which sits, quite literally, across the road from Zaldivar.
Teck is facing sanctions over infractions that include openings in the deposit where the ore is stored and a failure to build sufficient water infrastructure.
The 24-hour stoppage did not affect operations, according to the mine management.
Total for this year may be $7.7 billion, down from 2014's $8.7 billion and significantly lower than a record $10 billion in 2013.
According to the state copper commission, Chile’s portfolio of planned mining investments remains the largest in Latin America.
Chilean company Mineria Activa is stepping up efforts to grab some of that market in a much greener way than China,
Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious.
After spending over US$3.3 million in exploration and development of the Liberdade copper project, Codelco is facing Vale's claims that it has an older and still valid licence for the property.
Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the firms involved.
The deal is part of a long-term strategic cooperation agreement that will see Zijin and Barrick collaborate on future projects and joint investments.
With the acquisition Evolution Mining will become Australia's second largest gold producer.
Chile, the world’s biggest copper producing country, has warned that the global resources sector needs to pay far more attention to its environmental and social licence obligations if new projects worth billions of dollars are to get up.
The Chilean government has removed BHP Billiton's US$4 billion Spence copper expansion project from its 10-year development timeline, saying it expects the world's largest miner will miss its targeted deadline of first production by 2020.
The increasing engagement of Latin America with Asia may potentially be at the expense of Australia’s traditional sense of right to be a major Asian player, expert says.
The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.
The bank says Anglo could use the funds it gets for dividends and to invest in its much stronger sectors, copper and diamonds.
The environmental watchdog said the fine was calculated based on at least five infractions detected at the operation and the mine's facilities.
Catherine Raw, from one of the UK mining sector's best known fund managers, is assuming as the company's Business Performance Executive Vice President.
Torrential rain in Chile's desert region and environmental protests dented first-quarter output, forcing the miner cut its annual production forecast.
As much as three quarters of investors voted in favour of a non-binding motion to change the way the gold giant compensates its executives.
The company, dealing with aging mines, has been leaning on a wide range of new technologies to reduce operating costs and increase efficiencies.
Chinese companies, private equity firms including Mick Davis’s X2 Resources, and even Teck Resources are rumoured to be among the potential buyers.
The Canada Pension Plan Investment Board will vote against the gold miner’s executive compensation structure next week.
La Serena appeals court unanimously rejected a lawsuit presented by locals, which claimed the massive tailing dam had dried up a nearby stream and contaminated underground water.
The global miner trimmed its forecast from 32m-34m carats to 30m-32m because of “current trading conditions”.
The country's Superintendence for the Environment (SMA) also said the miner has not properly monitored the impact on nearby glaciers.
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