Chile Mining News

Mining the Americas in 2019 — a forecast

Canada's cobalt sector and Ecuador's budding mining sector for copper and gold will be investment hot spots.

Chile nuclear watchdog weighs probe into fraud over lithium exports – documents

The internal review found “significant errors” in CCHEN’s accounting of the sales of the world’s top lithium producers Albemarle and SQM between 1984 - 2015.

Hudbay Minerals investor Waterton seeks to replace CEO, board

Toronto-based private-equity firm Waterton Global Resource Management is launching a proxy fight with Hudbay Minerals, pushing to overhaul the board and oust its chief executive over alleged "mismanagement."

Argentina set to join global mining transparency initiative

The global initiative requires member countries to disclose how they allocate licences and how much they receive from the companies in tax, royalties and other contributions.

Barrick CEO to forge ahead in Latin America despite past strains

The company's new boss Mark Bristow beleives that Chile is a “great” destination for miners, despite Barrick’s difficulties advancing the massive Pascua-Lama project.

Surge Exploration announces spin-out company — CuGold

Surge will continue to hold its interest in its cobalt projects in both Chile and Ontario, and its lithium brine project in Chile.

Chile's Collahuasi plans resource sharing with Canada's Teck Resources

Chile's Collahuasi copper mine is seeking "synergies" with companies with operations close to its own mine in the Atacama area.

Chile copper mines to triple use of sea water in 10 years—report

Use of sea water, both desalinated and direct from the ocean, to increase by 230% over 2018 levels.

Chile's copper production to exceed 6 million tonnes for first time in 2019

Production of the red metal, the agency says, could reach a record of 7.25 million tonnes as early as 2025.

Chile okays lithium miner SQM's plan to remedy water violations

The 18-month remediation plan includes a new online system to monitor SQM's extraction rates of both brine and fresh water from beneath the salt flat.

Chilean lithium exports continue rise, to $949m in 2018 – central bank

Global demand for lithium is expected to quadruple by 2025.

Global copper market under supplied, demand on the rise — report

But over the long term, the global copper deficit is expected to shrink, and the market will shift to oversupply.

Metso makes Chilean acquisition

Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp.

Chile monthly copper output highest in 13 years

Ore grades and efficient processing increase output in the world's top producer of the red metal.

Chile's Collahuasi aims to extend output at copper mine with $3.2B project

The project at Collahuasi is one of the world's largest copper mines, with an estimated 2018 production of 545,000 tonnes.

Chile to delay arbitration with top lithium producer Albemarle

Under the contract, Albemarle had agreed to provide as much as 25 percent of its annual production at a discount to companies seeking to produce battery metals within Chile.

Russia's Rosatom tells Chile it can help boost lithium output

Automakers, governments, miners and other have increasingly lobbied officials for access to Chile's coveted resources.

Life-blood of Tesla batteries hits supply limits in Andean mine

As mining activity surges, water tables are falling amid growing environmental concerns.

Strong Chilean copper project pipeline expected to come online — report

The report does have a caveat.

Miners are budgeting for a recovery in copper

Don’t listen to what miners say. Look at what they do.

Codelco agrees 3-year "evergreen" deals with clients in strategy overhaul

We are focusing on the good clients who have an end-user market.

Bechtel opens mining innovation center in Chile

The new unit is in charge of developing new technologies that boost productivity, promote environmental sustainability and improve worker safety.

The security risks of mining in Latin America

Americas Market Intelligence says companies need to do their due diligence.

Chile's billionaire president urged to deliver economic recovery in 2019

With the post-election honeymoon just about over, 2019 is the year Pinera must deliver.

Workers at Codelco’s iconic Chuquicamata mine down tools

World's No. 1 copper producer says mine operating normally despite labour unrest.