The143-kilometre seawater pipeline is operational
Toronto-based miner has already spent $5 billion on the Chile-Argentina project first launched in 2006.
Division encompasses the Spence and Cerro Colorado copper mines.
The company says its future depends on the Andina mine expansion, as dwindling ore grades in its old mines are expected to bring annual output down.
Improvements at the mine mill throughput and concentrator utilization offset declining ore grades at the world's largest copper mine.
The Toronto-based firm has shown president and CEO Jamie Sokalsky the door two years into the job, and less than three months after a breakdown in merger talks with its largest rival.
The news come only weeks after the government announced it would begin funding explorations projects to locate deposits of the coveted elements.
Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.
The copper miner controlled by Chile’s billionaire Luksic family, will cut jobs and costs through its new company Minera Centinela.
The company, already the world’s largest copper miner, wants to become one of the top silver producers too.
The appeal follows a confusing ruling in March this year that revoked the penalty, the largest ever imposed in the country, only to force the country's environmental watchdog to rewrite it.
Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.
Compare the depth that the Chilean miners were trapped with the Marianas Trench.
Pressure to put more dollars into popular social programs.
The firm is offloading some of its historic South African platinum mines as part of a $4bn sale of under-performing assets.
The country is also struggling with rising energy cost, which threatens the competitiveness of its copper industry and poses a major challenge for new developments.
Community mobilization effective at raising costs to companies.
Minera Centinela will focus on an emerging mining district in copper-rich Chile's north.
Octavio Araneda, VP of the company's central-south operations, will serve as interim CEO until a new leader is picked.
Government created yesterday a national commission that will work on a new state policy for the exploitation of lithium.
The treated water can be either released to the environment or recycled back into the purifying plant.
The world’s top copper producer, however, is energy-starved, which has begun affecting the competitiveness of its mining sector and cramping economic growth.
Laura Albornoz, the first woman appointed director of Chile's owned Codelco, is meeting unions next week as she gets ready to vote on the company's budget.
Keller had been commended for his efforts to overhaul old mines and cut costs at Codelco, but his tough style is said to have triggered tensions within the company and its powerful unions.
The government may renew Kinross’s rights to the concession, or at least could remove legal hurdles to the prospective sale of Fruta del Norte gold-silver project.
While output drop was minimal, Codelco's profit dived 38% as a result of lower metal prices.
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