May 31, 2024

Copper leader Chile posts worst monthly output in over a year

Mines in Chile produced 6.7% less of the wiring metal in April than in March.

May 31, 2024

Lithium Ionic feasibility gives Bandeira project in Brazil $1.3 billion NPV

Study outlines an operation with a post-tax net present value more than four times higher than its initial capital costs.

May 31, 2024

Codelco and SQM agree on final lithium deal

Their partnership is expected to start in 2025 and run through 2060, with Codelco overseeing general management as of 2031.

May 31, 2024

The home of Malbec wine makes a play for copper in Argentina mining revival

Argentina’s Mendoza province is moving to spur exploration of its copper deposits.

May 31, 2024

Chile hopes SQM-Codelco deal to proceed as planned, finance minister says

The arrangement would see Codelco take a majority stake in SQM’s Atacama salt flat assets in exchange for 30 more years of operations.

May 30, 2024

Head of Codelco’s Chuquicamata mine to leave company

Christian Caviedes will be replaced on an interim basis by the mine's operations manager, Rene Galleguillos.

May 30, 2024

Investors relieved BHP walked from $49 billion Anglo takeover deal

BHP’s timing was good but the complexity of the deal requiring demergers and a copper price rally made it difficult to execute, investment officer said.

May 30, 2024

Chile’s ENAMI aims to break ground on first lithium project by 2028

ENAMI this month launched a search for a private partner to offer financial backing or operational support for the project at three salt flats.

May 30, 2024

India’s Jindal to join Venezuelan state oil venture

The news comes just months after securing a contract to run the South American country’s largest iron-ore complex.

May 30, 2024

Codelco reaches collective agreement with unions

The miner reached a collective contract agreement with two workers' unions representing employees at its Andina mine.