August 18, 2023

Codelco taps new chief amid push to grow output

The world's largest copper producer has named Ruben Alvarado as the company's new chief executive.

August 18, 2023

BHP, Codelco, Freeport vie for title of biggest copper producer

After buying Australia’s OZ Minerals, BHP is challenging for the mantle at a time when hitherto leader Codelco has seen output slide.

August 18, 2023

Codelco eyes recovering production of 1.7mt/y by 2030

The miner will also use "alternative actions" to extract materials from El Teniente following delays to expand it.

August 18, 2023

Summit Nanotech, Power Minerals planning JV to accelerate lithium production in Argentina

Summit and Power signed a binding term sheet leading toward a JV to accelerate lithium production at the Salar de Incahuasi in Argentina.

August 17, 2023

SQM sees similar lithium prices going forward after earnings dip

SQM posted on Wednesday quarterly earnings that fell from the previous year while missing forecasts.

August 17, 2023

Gold Fields says new Chile mine on track as profit dips

Company said it was on track to start producing gold at its Salares Norte project in the fourth quarter of this year.

August 17, 2023

Codelco at risk of insolvency as debt grows, CESCO report says

Cost overruns on projects to upgrade five mines could mean its debt is likely to reach $30 billion by 2030 from $18 billion now.

August 16, 2023

SQM’s profit drops as lithium prices drag

The miner posted a net profit of $580.3 million for the three months ended June.

August 16, 2023

Chile’s president brings back Williams as mining minister in cabinet reshuffle

Aurora Williams, who will replace Marcela Hernando, held the same position during the 2014-18 administration of former President Michelle Bachelet.

August 16, 2023

Aris Mining drills up to 647 g/t Au in Colombia

The Segovia exploration drilling program has 17 rigs operating.