December 27, 2011

The largest storage dome in South America, constructed over an operating stockpile

Located at over 4,000 meters above sea level in the Altiplano of the Andes Mountains, the San Cristobal Mine is the largest mine in Bolivia. The open-pit silver, lead and…

December 27, 2011

Mining – Chile – Teck submits EIA for waste handling center at Quebrada Blanca

Vancouver-based Teck (NYSE: TCK) submitted an environmental impact assessment (EIA) to the Chilean environment ministry's (MMA) evaluation service for a US$1mn project to build a new, integrated waste...

December 27, 2011

Mining – Chile – Mining regions receive just 5 pct of funds collected from royalty

Chile's mining regions are receiving just 5% of the funds collected from the royalty system being applied in the country to mining companies, according to lower house member Carlos Vilches…

December 27, 2011

Mining – Chile – Mining represents 70.1 pct of authorized FDI in 2011

Chile saw authorized foreign direct investment (FDI) in 2011 increase 4% compared to the prior year to a record US$13.8bn, of which US$9.67bn or 70.1% corresponds to mining, the economy…

December 26, 2011

Metals – Chile – Two Codelco Ventanas executives to be charged over sulfur dioxide leak

Two executives from Chilean state copper producer Codelco's Ventanas division will be formally charged by the Quintero district attorney's office regarding their alleged responsibility for a sulfur di...

December 26, 2011

Privatization – Chile – Codelco says agreement with Anglo American looks improbable

The chances for a negotiated solution to the conflict between Chilean state copper producer Codelco and London-based Anglo American (LSE: AAL) have faded following the latter's legal action for allege...

December 26, 2011

Metals – Chile – Copper exports fall 5.2 pct in first half of December

Chilean copper exports were down 5.2% to US$1.89bn in the first half of December compared with US$1.99bn year-on-year, according to figures compiled by the central bank. Copper accounted for 90.2%...

December 24, 2011

Crystallex files for bankruptcy protection and loses TSE listing

Crystallex International received protection today under the Companies' Creditors Arrangement Act of Canada, and the company will also be delisted from the Toronto Stock Exchange next month.

December 22, 2011

Anglo American sues Codelco over breach of contract

Anglo American said Thursday it had filed a writ with Santiago's Court of Appeals, suing the Chilean firm for breach of contract in a dispute over its south Chilean assets.

December 22, 2011

Freeport Cerro Verde, workers sign three-year labor accord

Freeport-McMoRan Copper & Gold Inc.’s (FCX) Peruvian unit, which ended a 61-day strike last month, said it signed a three-year labor accord with workers that will enable it to move…