June 28, 2023

Hot Chili PEA for Costa Fuego calls for annual output of 209,000 lb. copper, 49,000 oz. gold

According to the PEA, the post-tax net present value (8% discount) will be $1.1 billion, and the post-tax internal rate of return will be 21%.

June 28, 2023

Chile lithium plan well received by investors, finance boss says

The government plans to submit a bill to Congress later this year to create a national lithium company.

June 27, 2023

Antamina mine to get life extension approval by year’s end, says CEO

Antamina is Peru's largest copper mine and co-owned by Glencore, BHP Group, Teck Resources and Mitsubishi.

June 27, 2023

Codelco still evaluating operations hit by rain stoppages

Some operations at the El Teniente mine are still paused after heavy rains.

June 27, 2023

Peru plans to extend military presence in bid to keep copper shipments flowing

The mining corridor is used by MMG’s Las Bambas, Glencore’s Antapaccay and Hudbay Minerals’ Constancia to transport semi-processed copper to a seaport.

June 26, 2023

Friedland warns of a copper ‘train wreck’ as supply stalls

Copper is poised to follow other commodities upended by recent price surges.

June 23, 2023

Heavy rains in Chile cause floods, shut down some copper mines

Work at the company’s Andina mine is currently suspended, Codelco said.

June 23, 2023

US Senate overwhelmingly backs tax treaty with Chile

Without it, taxes on US companies with Chilean operations could climb to more than 44%, the business group said.

June 22, 2023

Lithium producers warn global supplies may not meet electric vehicle demand

Even if more lithium mines are built, there are not enough facilities to produce specialized types of the metal for batteries.

June 22, 2023

$1 billion SPAC deal shows how mining supply chains are breaking up

INTERVIEW: Artem Volynets of ACG Electric Metals wants to roll up critical metals industry one mine at a time.