Chile Mining News

Codelco copper smelter restart delayed – Chile mining minister

The smelter has had its restart delayed because of issues related to Canadian construction firm SNC-Lavalin, contracted for the project.

Chile's Codelco to ink copper deal with Ecuador-controlled miner

The 982-million-tonne Llurimagua copper project is located in the Imbabura Province, about 80 km northeast of Ecuador's capital of Quito.

Antofagasta expects copper deficit of up to 300,000 tonnes this year

The Chilean miner expects demand to outstrip supply in 2019 as consumption growth remains positive, but production increases continue to be minimal.

Anglo American floats solar farm on tailings at Los Bronces

This pilot project is expected to generate 150 MWh/year from 256 photovoltaic cells.

Workers could strike at Chile's Sierra Gorda copper mine – union

A union at the Sierra Gorda copper mine, controlled by Polish mining company KGHM, could go on strike this week after rejecting the latest offer in contract negotiations.

Chile’s GDP gets a jolt from rising mining and investments

In the fourth quarter, total mining output increased 3.1% from the previous three-month period and 1.3% from a year ago.

Chile’s Supreme Court revokes ruling permanently closing Barrick’s Pascua-Lama

Decision doesn't determine the final faith of the long-delayed and polemic project, as the case has been sent back to the Environmental Court for review by a different panel of judges, a process that could last several months.

Polish Audit Office blasts KGHM acquisition of Chilean copper mine

The body, which looks into the way the Polish state operates and how it spends public funds, says the company has spent more than $5.2B in three years on the underperforming Sierra Gorda mine.

SQM receives environmental approval for Chile lithium plant expansion

The $400 million plant expansion, once complete, would allow the Chinese-backed SQM to eventually produce as much as 180,000 tonnes of lithium carbonate a year from its Atacama salt flat operations.

Floating solar panels to boost efficiency at Chilean copper mine

The newly installed panels at the Los Bronces copper mine have the capacity to produce 86 kilowatts.

Copper industry executives to discuss market outlook at World Copper Conference

The conference regularly attracts 500 attendees from more than 40 countries; representing the key producers, consumers, traders, distributors, and end-users.

Tianqi Lithium to name three directors to SQM board next month

The world’s No.3 producer of the metal used in electric vehicle batteries said the candidates will be “fair” and “responsible toward shareholders”.

Chile's Codelco continues lithium push despite slow progress — minister

Codelco will continue to develop its lithium assets, including committing $57 million for further exploration.

Codelco’s lithium push fades in favor of copper

Codelco’s lithium projects, once thought a shoo-in to boost global supply and lower prices, have largely fallen off forecasts.

Codelco expected to generate $13.9 billion in 2019

Operating costs are forecasted to be of $9.9 billion.

Chilean miner SQM sees uncertain short-term demand for lithium

The company foresees strong long-term demand for lithium but offered a short-term prognosis clouded by the entry of new projects into the market and slowing growth of demand.

Chile set to unveil 25 mining projects open for investment at this year’s PDAC

The Chilean government will actively be seeking investors for 25 new mining projects when it attends the PDAC Convention in Toronto next week.

Codelco to kick off Chuquicamata underground by mid-year

Codelco's second largest copper operation by size is expected to fully transition to underground block cave mining this year.

Rio Tinto may have found its next major copper mine in Western Australia

The world's second largest miner has confirmed an "exciting" copper find at its Winu project, in the Paterson Range in the East Pilbara.

Europe’s push for EVs a boon to Savannah’s Portugal lithium project

The company is close to making a decision on developing Mina do Barroso mine, which could become the first European supplier of spodumene, a lithium-bearing mineral.

Chile's mines minister holds 2019 copper price prediction at $3.05 per pound

Prokurica is holding the price outlook amid optimism around US-China trade talks taking place in Washington.

Copper and lithium giant squeezing water rights for miners

Wetlands have been dried out, the environment has been damaged, for the salt flat and for local communities, it is already too late.

Albemarle bullish on lithium outlook after 4th quarter profit

The world's largest lithium producer "sees nothing that could slow demand for the white metal used to make electric car batteries."

Barrick still committed to Chile, despite Pascua-Lama setback

Chief executive officer Mark Bristow, who is in the South American nation to review the company’s regional strategy, said Barrick’s assets in Chile were an important part of its global portfolio.

Lumina Copper faces charges, up to $55m fine for environmental breaches in Chile

This is not the first time the Chilean watchdog has fined Lumina.