Chile Mining News

Union at BHP's Escondida copper mine in Chile says no advance deal likely

The union accepted an offer to begin early negotiations with the Anglo-Australian miner in March to avoid another strike at the northern Chile mine.

Anglo delays Minas Rio restart until year-end, will lose about $400 million

The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes.

Bolivia to invest in billion-dollar lithium deal with ACI Systems

Along with Argentina and Chile, Bolivia is part of South America's so-called "lithium triangle."

Banchile auctions 1.5 mln shares in Chile's SQM, raises $76 mln

SQM, which operates primarily in Chile's Salar de Atacama, is one of the world's largest and most cost-efficient producers of lithium.

Cochilco forecasts Chile's 2018 copper output up 4.3 pct

Chilean copper commission Cochilco forecast on Friday that Chile would produce 5.76 million tonnes of the red metal in 2018.

Bolivia nearing deal on partner to develop lithium – minister

The South American nation hopes to sign a deal with a foreign partner after a decade of state-led development left output far short of goals for the metal.

RCT’s bespoke solution a world-first

The Codelco-owned site is prone to mud rush caused by ice melting on the Andes range situated on the surface, a hazard that closed the exploration area for months on end. This combined with the company’s plan to expand operations to the seventh and eighth levels made it crucial to find a solution that would allow them to mine mud ore safely.

SQM: lithium mining needs at least $10B investment over 10 years

"There is a legitimate concern on the side of the vehicle manufacturers."

This is the only chart lithium price bears need see

When it comes to new lithium mine supply how soon is now?

New drilling products displayed at Expomin will mean more productivity

Held every two years, Expomin will take place April 23-27, 2018 at the Espacio Riesco Convention Center in Santiago, Chile.

Chilean parliament urges Codelco to meet with El Teniente workers

The Mining Committee of the Lower Chamber met with Codelco executives, employees, and other stakeholders.

Teck extends partnership with UN Women

Canada's largest diversified miner Teck Resources is amping up its corporate social responsibility game.

Impact of electric cars in medium-term copper demand ‘overrated’, experts say

Increasing disposable income in emerging economies and the adoption of greener technologies, are the two factors to drive most of the expected increased demand in copper during the next five years.

Gold Fields to make decision on Chile gold mine next year

Salares Norte production to begin around 2021 and quickly achieve target output of 345,000 ounces of gold a year.

Copper supply crunch earlier than predicted — experts

Copper production will peak in the second half of 2019, making a growing supply deficit much more real.

Mantos Copper expanding Chile mine projects despite rising costs

Once these projects are completed, Mantos Copper expects its production to nearly double to 165,000 tonnes annually.

Collahuasi says to slash costs to under $1/lb in 2018

Collahuasi, owned by Anglo American Plc and Glencore Plc, is located in northern Chile and is among the world's largest copper mines.

Chile mulls revision to mining code

Authorities may consider potential revisions to the mining laws in order to make companies that already own concessions to work on them or else give them up.

Juniors struggle to compete with majors in exploration — Chile’s Mining Society

One of the main problems, says the head of Chile’s Mining Society, Diego Hernández, is miners have no incentives to do anything with the assets they already own and is very cheap to keep them.

Relations sour at giant copper pit with automation looming

Relations between the world’s largest copper producer, Codelco, and unions in its Chuquicamata division have reached the lowest point in years.

Copper pipeline lowest in a century

While appetite for copper-mining assets is picking up, a supply crunch is imminent, experts say.

The international lithium race

All that can be said with confidence is that, for the next few years, both supply and demand will grow strongly.

Caserones copper mine in Chile says to close copper concentrator

Caserones said in a statement the rest of the mine remained in operation.

Shareholders in Chilean lithium firm SQM move to shake up governance

The new proposal would create an exception to an existing company statute that regulates the voting power of SQM's shareholders.

Codelco CEO to stay on after Chile’s new Gov’t reshuffles management

Nelson Pizarro, who took the post in 2014, has played a critical role in the drive to reduce spending and force a reduction in costs, while kicking off a major overhaul of Codelco’s aging mines to deal with dwindling ore grades.