Codelco ‘perfectly well’ financed for next two years — board chairman
Codelco returns all of its profits to the state and is funded by a mix of capitalization and debt.
Latest Stories
Iron ore price rally could give BHP, Rio Tinto 30% earnings boost
The supply/demand dynamics benefit Australia’s iron ore miners, according to the latest research by the Macquarie Group.
Victory Metals expands Iron Point project
The company has expanded its landholdings at the Iron Point vanadium project to 5,382 hectares due to its recent drilling results.
This leading indicator looks bullish for gold
Platinum has a brief but clear history as a leading indicator for Gold.
Zimbabwe, Russia sign $4B platinum mine deal
The mine would be built on one of the largest platinum mining concessions in the country.
Newmont bondholder revolt may put Barrick on hook for debt
The creditors are reportedly trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada.
Electric-vehicle tax credits get a bipartisan boost in senate
The legislation would grant automakers a $7,000 tax credit for an additional 400,000 vehicles after they reach the 200,000 vehicle cap.
Revitalizing its copper mines may not be sufficient to keep Chile at the fore
Demand for copper is expected to take off by the mid-2020s, but Chile is saddled with mines facing crippling declines in ore grades and a system that allows the bulk of its exploration concessions to sit idle.
From turbines to thermostats: copper miners eye high-tech demand
Attempts to replace copper in a lithium-ion battery's anode with aluminum have failed so far, which bodes well for major copper miners.
