Chile
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Chile the largest copper producer and the country with the biggest reserves — USGS
Chile is not only the largest copper producer in the world, but also the country with the largest worldwide reserves of the red metal, reveals the latest commodity report by the U.S. Geological Survey (USGS).
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Chile Collahuasi mine resumes operations after snowstorm halt
Cecilia Jamasmie | February 20, 2012
Collahuasi, the third largest copper mine in the world, resumed operations this morning after a snowstorm halted production on Sunday, publishes online news outlet Terra.cl
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Two of the 33 Chilean miners trapped in 2010 back to work
Cecilia Jamasmie | February 19, 2012
Two of the 33 Chilean miners trapped during 69 days underground in 2010 are back in the mining world, after over a year of vain efforts to find a job, reports local online news site SoyCopiapo.cl.
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Chile Drought Threatens Power at Mines as Reservoirs Dwindle
Bloomberg | February 15, 2012Chile’s two-year drought has reduced water levels at reservoirs that supply power dams to 40 percent of capacity, threatening electricity generation for the country’s copper mines.
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Rio Tinto and BHP to finance huge expansion at Escondida in Chile
Cecilia Jamasmie | February 15, 2012
A week after announcing substantial profits and the expansion of their vast Western Australia iron ore operations, BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE:RIO) said yesterday that they would spend $US 4.5 billion on the Escondida copper mine in Chile.
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North Arrow Minerals signs letter of intent to acquire copper and gold mine in Chile
Steel Guru | February 10, 2012Canadian Business reported that North Arrow Minerals Inc has signed a letter of intent to acquire 100% interest in the El Tesoro project in Chile to help it acquire new copper and gold resources.
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New Putzmeister mining range at Expomin
International Mining | February 10, 2012At the forthcoming Expomin show in Santiago, Chile from April 9-13, Putzmeister Underground Division is to present its latest series of shotcrete equipment and a new low-profile concrete mixer as a complete system for shotcreting in mining. With the SPM 4210 WETKRET series Putzmeister believes it has reached a new stage in the development of shotcrete equipment for mining; while the new MIXKRET 4 low-profile concrete mixer truck has been designed to complement and improve the shotcreting process in mining.
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Japanese firms to enter the lithium industry in Chile
Cecilia Jamasmie | February 9, 2012
Japanese companies such as Samsung, Toyota, Mitsubishi and Sumitomo are evaluating the recently opened option to tap into the lithium industry in Chile, local newspaper Diario Financiero published on Thursday.
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BHP Billiton expects “significant increase” in copper production at Escondida mine in Chile
Cecilia Jamasmie | February 9, 2012
BHP Billiton (NYSE: BHP), the world’s largest mining company, expects to increase production at its Escondida copper mine in Chile to over 1.3Mt/y in the 2015 financial year, said CEO Marius Kloppers yesterday in a webcast to discuss fiscal H1 results.
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Honduran mining set for boost from new mining law
Mineweb | February 9, 2012Honduran officials are enacting regulations and signing trans-border agreements aimed at attracting new mining investment to the country.
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Codelco already struggling to match 2011 copper output
Cecilia Jamasmie | February 6, 2012
Chilean state giant Codelco, the world’s biggest copper producer, will have to strive this year to match record 2011 copper production of 1.735 million tonnes, said CEO Diego Hernandez to the El Mercurio newspaper’s Sunday edition.
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Mitsubishi to double copper output after Chile mine expansion
Steel Guru | February 5, 2012Bloomberg reported that Mitsubishi Corporation of Japan plans to almost double its copper output in 2012 after spending USD 5.39 billion to buy a minority stake in Anglo American Plc’s Chilean unit.
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Minera Copiapo’s EIA for $13million seawater pipeline receives approval
Business News Americas | January 27, 2012Chilean mining company Minera Copiapó’s environmental impact assessment (EIA) for a US$13mn project to supply water to its mining projects in northern region I has been approved, a source from the environment ministry’s (MMA) regional evaluation office told BNamericas.
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Anglo defends itself against ‘criminal accusation’ as mud flies in fight with Codelco
Frik Els | January 26, 2012
Anglo-American in its increasingly acrimonious fight with Codelco on Thursday had to defend itself against what it termed “the criminal accusation” made by the president of the Federation of Copper Workers in Chile who sits on the Chile’s state-owned copper giant board.
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Gold junior a tantalizing takeover target?
Stockhouse Bulletin Boards | January 25, 2012The improbable feat of commercializing Latin America’s second largest undeveloped gold deposit has achieved a major milestone validation for its unlikely owner, a small Canadian explorer named Exeter Resource.
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Caspiche gold deposit makes Exeter a takeover target
Mineweb | January 25, 2012As major miners scour the globe for ever-rarer multi-million ounce gold deposits, Exeter’s Caspiche deposit in Chile makes it a “tantalizing prospect”.
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