Chile

Glencore, Mick Davis among suitors of Anglo American mines in Chile

Reuters | November 14, 2014
Former Xstrata CEO Davis gets a $1bn injection for new venture

Glencore and X2, a company set up by former Xstrata boss Mick Davis, are among the suitors of the Chilean copper assets put up for sale by global miner Anglo American.

Mining professionals working harder but earning less

AusIMM - The Minerals Institute | November 25, 2014
Gold Mine workers

Australia’s mining industry professionals (including geoscientists and mining engineers) have experienced a cut of almost 20 per cent in their salaries in the past two years.

Barrick names new executive director for Pascua-Lama

Cecilia Jamasmie | November 13, 2014
Barrick names new executive director for Pascua-Lama

The news come only a day after the project executive director in Chile, Eduardo Flores, told local media that Barrick was hopeful it could find a way forward with the long-delayed mine.

Barrick to push ahead with Pascua Lama, ‘no margin for error’

Cecilia Jamasmie | November 12, 2014
Barrick to push ahead with Pascua Lama, ‘no margin for error’

Finishing the project would take time and around $4 billion more of what Barrick has already invested.

With the ongoing global skills shortage within mining is it time to get the job seeker's perspective?

Worldwide Recruitment Solutions | November 12, 2014
local workers

A global survey of over 5,300 job seekers sheds some light on the issues in the war for talent which the Mining sector continues to face.

Canada injects $300m in Chile’s copper giant Codelco

Cecilia Jamasmie | November 12, 2014
Canada injects $3m in Chile’s copper giant Codelco

The world’s biggest copper producer will, in turn, procure goods and services from Canadian companies.

Goldcorp working on new plan for El Morro project in Chile

Cecilia Jamasmie | November 7, 2014
Goldcorp to work on new environmental study for El Morro project in Chile

The move comes as Chile's Supreme Court halted the $3.9 billion gold and copper project last month.

New fatality at Codelco’s El Teniente copper mine

Cecilia Jamasmie | November 7, 2014
New fatality at Codelco’s El Teniente copper mine

Another contractor died at the mine only two weeks ago.

Mining the Antarctic a big no-no

Cecilia Jamasmie | November 3, 2014
Mining the Antarctic a big no-no

Costs and challenges for mining the Arctic, meanwhile, on their way up.

Chile copper output down in sept. 2014 on shutdowns at major mines

Shanghai Business Review | October 30, 2014

Data published by the National Statistics Institute of Chile (INE), shows the country’s copper output has dropped by 5% during the month of September this year.

Goldcorp takes $36 million writedown on Mexican mine

Cecilia Jamasmie | October 30, 2014
Goldcorp takes $36 million writedown on Mexican mine

Value of low-grade ore stockpile at the Peñasquito mine dropped, raising average costs by $64/oz. and negatively affecting adjusted earnings by $0.04/share.

Chile passes historic law to aid copper giant Codelco

Cecilia Jamasmie | October 29, 2014
Chile passes historic law to aid copper giant Codelco

It grants the world's No.1 copper miner an injection of US$4 billion for the next four years.

Anglo American ships first iron ore from Brazilian Minas-Rio project

Cecilia Jamasmie | October 27, 2014
Anglo American ships first iron ore from Brazilian Minas-Rio project

Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.

BHP to sell US shale assets, limit annual capex to $14 billion

Cecilia Jamasmie | October 27, 2014
BHP to sell US shale assets, limit annual capex to $14 billion

The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.

Chile’s Codelco to seal $1 billion deal with the UK

Cecilia Jamasmie | October 21, 2014
Chile’s Codelco to seal $1 billion deal with UK

The giant copper miner is also planning to sell about $8 billion of bonds over the next five years to help finance a nearly $30bn investment program aimed to revamp its aging mines.

Travis McPherson - CEO.ca

The Lundin’s look to Chile for copper’s next run

Travis McPherson - CEO.ca | October 21, 2014
The Lundin’s look to Chile for copper’s next run

The firm is developing a trio of staggeringly huge copper deposits on the Chilean-Argentine border that contain a total of over 28 billion pounds of copper and 19 million ounces of gold resources (only two of the deposits have resource estimates on them).

Chilean authorities divided over Goldcorp's $3.9bn El Morro mine

Cecilia Jamasmie | October 17, 2014
Chilean authorities divided over Goldcorp's $3.9bn El Morro mine

The country’s environmental authority criticized the Top Court decision saying the miner conducted proper consultation with local indigenous groups and shouldn’t have to do it again.

Chile copper boom begins to fade as production headaches mount

Reuters | October 17, 2014
chile- flag2

The shine may soon come off Chile's decade-long copper boom as technical and regulatory problems in getting new mines into production highlight just how hard it will be to keep ratcheting up the supply.

Chile’s copper exports down 21% in August

Cecilia Jamasmie | October 16, 2014
Chile’s copper exports down 21% in August

The drop was mainly due to reduced shipments from Codelco and Collahuasi, official figures show.

Sponsor AkzoNobel showcases optimized flotation collectors

AkzoNobel | October 16, 2014

AkzoNobel will present a paper at IMPC 2014, in Chile, proving a new three-component anionic collector for phosphate ore flotation that meets all the requirements for flotation efficacy and sustainability.

Chile to loosen major miners’ grip on idle land

Bloomberg | October 8, 2014

Chile’s government will seek talks with large-scale mining companies to make more land available for smaller mineral explorers as it seeks to expand the copper industry, the world’s largest.

Chile’s top court orders Goldcorp to halt El Morro mine

Cecilia Jamasmie | October 7, 2014
Chile’s top court orders Goldcorp to halt El Morro mine

Once again the mining giant's $3.9 million project can't move forward until local indigenous groups who oppose it are better consulted.

Lundin Mining buys Chilean copper mine from Freeport McMoran for $2 billion

Michael Allan McCrae | October 6, 2014
Komatsu, Finning CAT and FLSmidth are Chile’s top mining suppliers

Reducing debt.

Polish miner KGHM begins production at massive copper mine in Chile

Cecilia Jamasmie | October 1, 2014
Polish miner KGHM begins production at massive cooper mine in Chile

In the official opening the firm said it expected to start shipping from Sierra Gorda in November

Chile sees $105bn mining investment in next decade

Cecilia Jamasmie | September 25, 2014
Chile sees $105bn mining investment in next decade

The massive figure includes a recently announced $23.5 billion for state-owned copper miner Codelco to revamp century-old mines that are running out of profitable ore.

Thousands of workers begin strike at world’s biggest copper mine

Cecilia Jamasmie | September 22, 2014
Thousands of workers begin strike at world’s biggest copper mine

Close to 2,800 miners at Chile's Escondida mine, jointly owned by BHP Billiton and Rio Tinto, did not show up for work Monday morning, iddling a 1.2 million tonnes a year operation.

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