Chile Mining News

More iron ore comes to the market as Anglo’s output soars in Q1

Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.

Strike at Escondida hurt Rio Tinto copper output

Production for the first three months of the year slumped 37% compared with the same period of 2016.

Goldcorp begins friendly $247 million takeover of Exeter

Exeter shareholders will receive 0.12 of a common share of Goldcorp for each they have in the junior — that's a premium of 67% based on the part's closing prices on the day prior to the announcement.

Recent Escondida strike may push Chile into recession

Analysts believe that would increase the chances of the country joining Latin America’s ongoing political drift to the right in November’s elections.

Ecuador mining industry to grow eightfold by 2021 — report

Experts believe the value of the nation's dawning industry is set to jump from $1.1bn this year to $7.9bn in 2021 on a combination of revised regulatory framework and significant gold and copper reserves.

Thousands of balls to counteract drought effects at mining sites

To prevent liquids from evaporating, Exma proposes the use of a floating cover system composed of plastic balls

Chile’s Codelco sets up lithium subsidiary

The unit is expected to help speed up the approval of legislation that allows the exploration and exploitation of the country’s vast lithium deposits.

Fiore Exploration to launch drilling campaign in Chile

Fiore Exploration CEO, Tim Warman, talked to MINING.com's Michael McCrae about the company's Pampas El Peñón gold project in Chile

Emu NL confirms gold and silver potential at its Vidalita project in Chile

Australian explorer, Emu NL, provides the following update on its drilling program on the Company’s Vidalita project in northern Chile.

Water scarcity, pollution to take shine off Latin American mining sector

In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure and anti-mining sentiment, experts say.

Top 10 copper mining companies in 2016

2016 highlights: a year of breakthroughs and setbacks

Chinese buying 50% of Barrick Veladero, Pascua Lama-report

Veladero could fetch more than $1 billion despite operational setbacks.

Escondida strike less damaging to Chile’s copper output than thought — report

Experts expect the country, which accounts for more 30% of the world's copper supply, to produce 5.4 million tonnes of the metal in 2017, slightly down from the 5.5mnt it yielded last year.

Wealth Minerals begins sampling at Chile’s Laguna Verde lithium project

Wealth Minerals Ltd., reports that it has initiated an extensive lake-brine sampling and project evaluation program at the Laguna Verde Lithium Project in Chile.

DuPont to supply MECS® technology and critical equipment for Codelco’s two new sulfuric acid plants

MECS Inc., a wholly owned subsidiary of DuPont, has been selected to supply the sulfuric acid production technology for two new plants belonging to Corporación Nacional del Cobre de Chile (Codelco), the world’s largest copper producer.

Freeport’s Cerro Verde copper mine resumes normal operations

The news follows the end of a historically long 43-day strike at BHP Billiton’s Escondida, the world's biggest copper mine in neighbouring Chile.

Escondida mine replaces top exec after failing to reach deal with workers

Appointment comes barely a week after the mine, operated by BHP Billiton, failed to secure a wage deal with 2,500 workers after a 43-day strike.

Barrick, Goldcorp team up to develop one of world’s largest gold deposits in Chile

The world’s No. 1 and No. 3 gold producers will focus on developing gold mines in northern Chile's rich Maricunga belt.

BHP's Escondida mine strike becomes Chile’s longest, ends with no deal

Workers ended their strike and invoked a rarely used legal provision that allows them to extend their old contract, which leaves them in the exact same situation they were before they downed tools.

Copper price falls on Grasberg production resumption

Freeport restarts supply to domestic smelter in Indonesia, but the copper concentrate export ban at iconic mine remains in place.

Chile steps up efforts to lure mining investors beyond copper sector

The country, already the world's second largest producer of lithium, is seeking to create private-public partnerships to exploit 61% of its resource-rich territory, currently available for licensing.

Drilling rig and other equipment mobilises to Vidalita Gold Project in Chile

Australian explorer, Emu NL (ASX: EMU), has mobilised camp, earth moving and drilling equipment to the Vidalita site in northern Chile.

Workers at Freeport’s Cerro Verde copper mine to go on indefinite strike

Around 1,300 unionized miners plan to start an indefinite stoppage at Peru's largest copper mine beginning March 24.

Barrick mulls selling part of Peru mine, bringing partner — report

Rumours come a year after the gold miner vowed to spend $640 million to extend the life of Lagunas Norte, worth about $1.4 billion according to industry experts.

Indian billionaire Agarwal goes after 12% of Anglo American

Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.