Chile Mining News

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.

Copper price: BHP averts strike at Escondida

After a near 5% drop on Wednesday, news that a strike had been averted at the world's largest copper mine put a cap on hopes of a recovery for the bellwether metal.

The battery boom could end up burning some investors

Some of the latest battery technologies may become obsolete before reaching the market because of the breakneck pace of advances in the industry.

Chile's Escondida mine, union will talk longer; hope to avert strike

If company and union leaders reach a consensus, the mediation would be further extended for several days so the 2,459 workers can vote to accept or reject the new offer.

Copper price falls as China investment grows at slowest pace on record

Called off strike at world's largest copper mine adds to pressure on copper price now down nearly 20% in little over two months.

Miner Antofagasta's H1 earnings fall, trade tensions cloud demand outlook

Chilean copper producer Antofagasta said first-half core earnings fell 16.2 percent from a year earlier.

Battery upsurge spurs quest to resurrect World War II cobalt mines

Chile, known for its vast copper deposits, is joining the search for cobalt amid soaring demand for a metal that’s mostly mined in the politically risky Democratic Republic of Congo, which holds 60% of the world's reserves.

Union at Chile's Caserones copper mine extends mediation with company

The main union at Chile's Caserones copper mine said on Monday that both sides had agreed to extend government mediation of labor talks until Thursday.

Chile braces for potential strike at Escondida copper mine

Chile's copper industry on Monday braced for the announcement of a potential strike at the world's biggest copper mine, Escondida.

Copper vulnerable to supply shock as giant mine faces strike

Copper bears could get caught wrong-footed as a strike looms at the world’s biggest mine.

Most unions at Chile's El Teniente copper mine accept contract

Four of the five labor unions representing workers at the El Teniente copper mine in Chile have accepted the latest contract offer from state mining company Codelco.

Codelco goes ahead with scaled-back underground extension of Chuquicamata

The $4.9 billion-investment is part of Codelco’s 10-year, $39 billion overhaul of its core mines.

MGX acquires lithium brine projects in Chile – rapid lithium extraction to be tested – drilling to commence shortly

MGX plans to drill and test for lithium deposits from CLS' three sites, Francisco Basin, Laguna Brava and Laguna Escondida, with the goal of bringing its rapid extraction system to the heart of the lithium triangle.

MGX gets a hold of three lithium projects in Chile

Exactly six months after hinting at the possibility of opening shop in Chile, MGX Minerals is acquiring 50 per cent of the issued shares of Chilean Lithium Salars.

Humiliated for years, women are fighting back in Chile's mines

Mining companies around the globe are joining an industrywide push for gender equality and launching initiatives to increase the proportion of women working in mine pits, smelters and refineries.

Chile lithium exports more than double in July from previous year

The value of exports of the metal from Chile, one of the world's top producers of lithium, jumped 51 percent in the first seven months of the year.

BHP asks for government mediation in talks at Chile's Escondida

The union had earlier asked the company to negotiate by 10:00 a.m. local time but said in a statement later on Monday that it had begun preparing for a strike.

Union at Chile's Escondida sets deadline for negotiations ahead of strike

The union at the world's biggest copper mine told the company it should prove its willingness to negotiate by Monday morning.

Copper price: BHP plans for Escondida strike

BHP said final wage offer rejected on Thursday was "best collective labor contract at a private mine in the country."

Chilean workers vote to strike at world's biggest copper mine

Workers at BHP Billiton Ltd's Escondida mine in Chile, the world's biggest copper mine, have voted to reject a company wage offer and go on strike.