Chile Mining News

BHP's Spence copper mine in Chile partially closed following fire

A fire at its Spence copper mine in Chile had forced it to partially shut down operations. No one was injured in the fire, which has since been extinguished.

Lithium Power closer to start mining at Chile’s Maricunga

The Maricunga project in northern Chile has seen significant past exploration, with over $30 million spent to date.

Chile lawmakers mull additional mining tax for copper, lithium

The proposed tax, to be applied on the nominal value of extracted metals, would affect copper miners that produce more than 12,000 tonnes of the metal and those extracting 50,000 tonnes of lithium a year.

Collahuasi copper mine in Chile to raise output 4 pct this year -VP

The copper mine Collahuasi in Chile is expected to produce 545,000 tonnes of copper this year, 4 percent more than in 2017.

Mitsubishi, Sumitomo said to be after Teck’s Quebrada Blanca mine

Other companies interested in partnering with Teck include Freeport-McMoRan, China’s Aluminum Corp of China (Chinalco) and Canada’s base metals miner Lundin Mining.

Ruling leaves Kidman, SQM’s Australian lithium project in limbo

Partners may lose their right to develop the Mt Holland lithium project after a recommendation by a unit of the West Australian government that regulates mining leases.

After 103 years, Chile’s Codelco blasts at Chuquicamata pit for the last time

Chuquicamata, the company’s second largest copper operation by size, is expected to transition to underground block cave mining by mid-2019.

Chile copper output up 10.8 percent through July -Cochilco

Chile produced 481,700 tonnes of copper in July, an increase of 2.9 percent compared to July 2017.

Chilean regulator says agreement reached with Tianqi on SQM stake sale

The court is scheduled to hear the details of the settlement agreement on Sept. 13, and is slated to make a decision on the case by Oct. 4, the FNE said in a statement.

Mining dust could be affecting Chilean glaciers: activists

Environmentalists say that glaciers close to mining sites could melt more rapidly.

Chile expects $65.75 bln investment in mining industry over 10 years

Among the investments, it referenced two new lithium mining projects, three copper and one gold, totalling $5.9 billion.

Chile's Codelco produced 875,000 tonnes copper in first half of 2018 – CEO

The company expects to produce approximately 1.7 mln tonnes of copper in the whole of 2018.

Striking workers at Chile's Andina copper mine reject new offer

The 83 workers of the Plantas de Andina union began a strike on Aug. 20 after contract negotiations over salaries and bonuses failed.

In Chilean desert, global thirst for lithium is fuelling a 'water war'

In Chile, threats of a government crackdown on over-usage of water often ring hollow. Mines need water, and the country´s copper-driven economy needs mines.

Teck seeking partner for $4.8bn Quebrada Blanca mine expansion

Canada's largest diversified miner said that before beginning the copper mine upgrade, it would have to secure a development partner able to invest $2billion for up to 30% to 40% stake in the project.

Canada's Teck to begin Quebrada Blanca mine upgrade in November

The company received environmental approval for the plan earlier this month, which aims to extend the life of the aging deposit and boost production.

Chile's miner Codelco makes new offer to striking Andina workers

More than 80 unionized workers of the Plantas de Andina union went on strike a week ago.

KGHM to go ahead with $2bn expansion of Sierra Gorda copper mine in Chile

Expansion and upgrades would extend the mine’s life by 21 years.

Chile’s lithium giant SQM sees prices falling further this year

But the world's second largest producer said they will remain higher than the average reached last year.

Chile says to clamp down on water rights in lithium-rich Salar de Atacama

Chile is preparing major new restrictions on the extraction of water from the lithium-rich Salar de Atacama salt flats, home to top lithium miners Albemarle and SQM.

Chile economy posts biggest jump in growth in six years

Chile's gross domestic product grew 5.3 percent in the second-quarter of 2018 which is its biggest jump in nearly six years.

Chile's Antofagasta expects more copper price volatility -media

Ivan Arriagada, chief executive of Antofagasta, said he expected copper prices to be affected by global uncertainty.

Lithium price: Chile giant’s scorched earth strategy

Playbook follows success in the iodine market

JX Nippon Mining, Mitsui dodge strike at Chile's Caserones mine

Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike.

S.Africa's Gold Fields posts flat H1 profit as Chile costs bite

HEPS for continuing operations remained unchanged at $0.08 per share for the six months ended June 30, 2018 compared with the same period last year.