Chilean copper commission Cochilco forecast on Friday that Chile would produce 5.76 million tonnes of the red metal in 2018.
Latin America Mining News
It took authorities about three hours to be able to dig a back access entrance.
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.
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.
The Deputy Secretary of Mining Policy said the world needs Argentina's copper, lithium, gold and silver.
The quarry’s entrance collapsed Wednesday afternoon.
The government of new Peruvian President Martin Vizcarra said it would not "impose" mining projects on nearby communities that object to them.
They are seeking to obtain 30 more days to finish details of the plan.
"There is a legitimate concern on the side of the vehicle manufacturers."
Held every two years, Expomin will take place April 23-27, 2018 at the Espacio Riesco Convention Center in Santiago, Chile.
Minas-Rio is Anglo American’s biggest development project, and its bet on the future of iron ore.
The company halted production and transport operations for 90 days at the Minas-Rio mine to comply with a request by authorities that it inspects a pipeline that has leaked twice.
The world's top iron ore producer said that heavy rains in the first three months of the year impacted its output.
The Madre de Dios region has seen a surge in illegal mining operations.
The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's Veladero mine.
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.
Los Mineros Union, led by expat in Vancouver Napoleón Gómez Urrutia, had been fighting since November 2017, to be the legally constituted union at the ELG Mine Complex.
Salares Norte production to begin around 2021 and quickly achieve target output of 345,000 ounces of gold a year.
The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and coal, operating in more than 40 countries.
The court accepted as valid arguments and evidence presented by community leaders who claimed that waste emissions from South32’s Cerro Matoso nickel mine caused skin, lung and heart problems to people in the nearby towns.
Pro-mining votes seem set to benefit local companies and mining in streams and on mountainsides, not multinationals.
Copper production will peak in the second half of 2019, making a growing supply deficit much more real.
Once these projects are completed, Mantos Copper expects its production to nearly double to 165,000 tonnes annually.
Collahuasi, owned by Anglo American Plc and Glencore Plc, is located in northern Chile and is among the world's largest copper mines.
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.