April 18, 2024

Codelco eyeing more output, not competition with BHP, minister says

The world's largest copper producer and a symbol of national pride, is aiming this year to reverse two years of falling production.

April 18, 2024

Panama election unlikely to shift outlook for First Quantum’s copper mine

Among the five frontrunners for presidency, three have vowed to continue with the plans to close the Cobre Panama mine.

April 18, 2024

Chile’s president says Codelco output to grow; touts investment climate

Boric also stressed the need for greater economic distribution of mining industry profits to local communities.

April 18, 2024

Solaris Resources inks fresh deal with Ecuador communities

The improved agreement, inked by the Warints and Yawi people, emphasizes constructive dialogue and collaboration with local groups.

April 18, 2024

Rinehart expands Ecuador push with stake in copper-gold project

Private company Hancock Prospecting will pay Titan Minerals as much as $120 million on drilling and exploration work.

April 17, 2024

Governments must broker local support for mines, industry group says

CMM now pushing governments to bear the full responsibility of obtaining free, prior and informed consent from local communities.

April 17, 2024

Codelco to benefit from entry into lithium business, says Moody’s

On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.

April 17, 2024

Specialist funds cautious on copper rally, says trader IXM

Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week.

April 17, 2024

Aging copper mines are turning into money pits despite demand

Chile’s Chuquicamata is a cautionary tale for an industry beset by rising costs and heightened regulatory scrutiny.

April 17, 2024

Antofagasta’s Q1 copper output down 11% yr/yr

The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons.