August 28, 2022 Chile warns area around sinkhole at high risk of further collapse The Committee for Disaster Risk Management said the area is at high risk of further cracks or sinking near the Alcaparrosa mine.
August 28, 2022 Half a million dollars worth of equipment destroyed at illegal mining hotspot in Peru Peru’s National Police seized and destroyed half a million dollars worth of equipment and supplies used in illegal mining operations in the Madre de Dios region.
August 26, 2022 Codelco names Andre Sougarret as new CEO The world's largest copper producer named Andre Sougarret as its new chief executive.
August 26, 2022 Codelco lowers 2022 copper production outlook World’s largest copper producer blaming lower recovery levels and ore grades at the Chuquicamata site, as it also deals with fatal accidents halting some construction works.
August 26, 2022 Fracking may decrease magnitude of microearthquakes at mining operations – study New research proposes the idea that hydraulic fracturing may decrease the magnitude of seismic events and microearthquakes at certain mining operations.
August 25, 2022 Peru lowers 2022 growth forecast and abandons mining tax hike plan The new forecast is significantly higher than the Refinitiv average of 2.6% but is lower than the 3.6% the ministry had last forecast in May.
August 25, 2022 Anglo American Chile’s CEO resigns, interim chief named Aaron Puna will be temporarily replaced by the head of the firm’s Los Bronces mine, Patricio Hidalgo.
August 25, 2022 Hudbay enters exploration agreement for satellite properties near Constancia mine in Peru The Maria Reyna and Caballito properties consist of a large, contiguous block of mineral rights with potential to host mineral deposits close to the Constancia processing facilities.
August 25, 2022 More study needed to explain origin of Chile sinkhole, says Lundin unit president Chile's environmental regulator issued a series of measures against the Ojos del Salado mine, alleging "over-extraction of material" could have caused the sinkhole.
August 24, 2022 Brazil steel demand may double within decade, ArcelorMittal says Despite the talk of recession in economies around the world, demand for steel appears to be picking up.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
