August 26, 2021

In era of green mining, even a zero-carbon project won’t do

Aurubis AG, one of the world’s largest copper smelters, terminated a provisional agreement to buy raw materials from Nussir after opposition from local indigenous groups.

August 26, 2021

Peru will seek to tax miners more when prices high

Prime Minister Guido Bellido asked Congress on Thursday for legislative powers for the executive on tax matters.

August 26, 2021

Labor tensions are ratcheting up again in Chile

There’s still time to prevent strikes at Cerro Colorado and Salvador, but the rhetoric suggests it will be a hard task.

August 25, 2021

Royalty bill will put Chile’s private miners out of business, trade group says

The bill would slap a 3% royalty on sales of copper that would increase sharply alongside rising prices.

August 25, 2021

Codelco says to ignore copper’s gyrations, remains bullish on demand

“Fundamentals remain intact and there will be growing copper demand ahead," Codelco chairman Juan Benavides said.

August 25, 2021

Peru wants mining companies to help build railway to Pacific coast

Peru's southern Andean region has large mines such as MMG's Las Bambas and Grupo Mexico's Los Chancas.

August 25, 2021

Union at BHP’s Cerro Colorado calls on workers to reject contract offer

Union leader said BHP had used the regulatory issues it faces as an excuse to lowball workers with an inadequate contract proposal.

August 25, 2021

Copper price rises as Chinese buyers come back to the market

Indicators in the physical market suggest the country’s appetite for copper is picking up rapidly.

August 25, 2021

Codelco and Andina supervisors agree on contract

The 36-month deal does not provide a pay increase but includes a signing bonus equivalent to about $6,500 per member, plus incentives.

August 25, 2021

Codelco breaks ground at $1.4bn Salvador copper mine expansion

Project will extend the productive life of the aging operation by 47 years and increase copper output by almost 50%.