Strike threat looms at BHP's Escondida and Spence copper mines in Chile

Mining News Pro - A union representing workers at BHP Group's Escondida and Spence copper mines in Chile has called for a strike vote among its members after contract negotiations stalled, the union's president told Reuters on Monday.

Copper price hits record high as Chile gives bulls another reason to cheer

The world’s top copper producer Chile is giving bulls another reason to cheer while prices soared to an all-time high on Friday as optimism about a global rebound from the pandemic spurs a surge across commodities markets.

Chile copper miners cry foul as royalty bill advances to Senate

Mining News Pro - Chile's lower house of Congress approved on Thursday an opposition-led bill that would slap a progressive royalty on sales of copper as prices rise, sharply hiking taxes on the sprawling industry to pay for social programs during the Covid-19 pandemic.

World’s top miner warns against Chile’s mining tax

Mining News Pro - The world’s top miner BHP said a proposed royalty on copper and lithium sales being discussed by lawmakers in Chile risks making international miners wary of investing in new projects or expanding existing mines to meet growing demand for both metals.

Chile output falls for 10th consecutive month, adding fuel to copper price rally

Mining News Pro - The world’s top copper producer Chile saw output of the red metal fall for the tenth consecutive month in March, government statistics agency INE said on Friday.

Chile’s Pampa Camarones copper mine is up for sale

Mining News Pro - Chilean private equity fund Minería Activa has put its Pampa Camarones copper mine up for sale in the country’s far north amid an ongoing price rally that saw the bellwether metal passing $10,000 a tonne this week for the first time since 2011.

Los Andes Copper receives approval for drilling at Chile project

Mining News Pro - Los Andres Copper has received unanimous approval from the regional environmental committee for drilling to be carried out at the company’s Vizcachitas project, in Chile.

Copper price blasts to 10-year high as Chile strike adds momentum to rally

Mining News Pro - Copper price climbed to the highest since 2011 as the global recovery from the pandemic extended a rally in metals markets and as port workers in Chile called a strike.

Chile settles dispute with Albemarle over lithium reserves data

Mining News Pro - Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp, according to a letter viewed by Reuters, defusing a spat that may have led to the suspension of the company’s permit to expand its operations in Chile.

Chile covid cases surge dents Antofagasta copper output

Mining News Pro - Chilean miner Antofagasta (LON: ANTO) said on Wednesday copper production in the first quarter of 2021 fell 5.7% to 183,000 tonnes from the same period a year ago, as a recent and sharp spike in covid-19 cases takes its toll.

Chile tribunal breathes new life into controversial Dominga copper-iron project

Mining News Pro - A Chilean environmental tribunal has breathed new life into Andes Iron's controversial $2.5-billion Dominga copper and iron mining project, tossing out an earlier decision by a regulator that had denied the company key permits.

Chilean mining city of Calama rocked by blast at explosives factory

Mining News Pro - A large blast rocked the northern Chilean mining city of Calama on Friday afternoon following an explosion in a storage warehouse belonging to Enaex , which produces explosives for the mining industry.

`Unconstitutional`: Chile govt opposes mine royalty bill

Mining News Pro - Chile Mining Minister Juan Carlos Jobet said on Monday the country`s center-right government would oppose a bill to hike royalties on copper and lithium miners currently under consideration by lawmakers, blasting it as "unconstitutional".

Anglo American says output on track at Chilean mines despite virus surge

Mining News Pro - A resurgence of Covid-19 in Chile should not dampen output at Anglo American`s sprawling copper mines in the Andean nation this year, nor is it likely to pose near-term supply chain problems, the company`s top executive in Chile told Reuters.

Chile minister says mining royalty bill “unconstitutional”

Mining News Pro - Chile’s mining minister Juan Carlos Jobet said on Monday a bill to boost royalties on copper and lithium miners currently being discussed by lawmakers was “unconstitutional”, adding that center-right President Sebastian Piñera’s administration would oppose it.

Copper price jumps as Chile closes its borders

Mining News Pro - Copper price jumped on Monday as investors assessed the decision by Chile to close its borders during April due to a spike in covid-19 cases.

Cemin’s Pullalli gold-silver operation in Chile to use 100% renewable energy

Mining News Pro - Chilean mid-tier miner Cemin Holding Minero announced a deal with the local subsidiary of France’s Engie for the supply of renewable energy to its Pullalli gold-silver operation, located in the central region of Valparaíso.

Chile`s world-leading copper industry rejects lawmaker bid to hike taxes

Mining News Pro - Chile`s sprawling copper industry has hit its limit in terms of tax burden, a senior industry executive told Reuters on Wednesday, warning lawmakers against a hike in royalties to take advantage of soaring global prices.

Lithium miners are going to compete for new licences in Chile

Mining News Pro - Chile, the biggest supplier of lithium after Australia, has attracted interest from both established producers and smaller exploration companies to enter the country as it prepares to offer new licenses in a bid to grow output.

Lithium giant Albemarle slams Chile over `unjust` withholding of Atacama study

Mining News Pro - Albemarle, the world’s top lithium producer, has accused a Chilean regulator of “unjust” discrimination for refusing to make public a key report on the impact of mining on the Atacama salt flat, according to court filings.

Mitsubishi Materials completes Chile`s Mantoverde copper mine stake deal

Mining News Pro - Japan`s Mitsubishi Materials Corp said on Friday it had completed its purchase of a 30% stake in Chile`s Mantoverde copper mine from Mantos Copper for $275-million.

Gold Fields begins construction of Chile project

Mining News Pro - South African miner Gold Fields has formally begun construction of the mining infrastructure for its Salares Norte project, in northern Chile.

Inside SQM’s struggle to win over indigenous communities in Chile’s Atacama

Mining News Pro - SQM, the world’s No. 2 lithium producer, cut a deal with Chile in 2018 that allowed it to ramp up output from the Atacama, a remote and fragile desert salt flat whose indigenous inhabitants fear may be jeopardized by mining.

Chile threatens legal action to get Albemarle to disclose lithium reserves

Mining News Pro - Chilean regulators have threatened Albemarle Corp with legal action, demanding that by week´s end the world´s top lithium miner present a plan for turning over data on its reserves of the ultralight battery metal, according to filings obtained.

Two workers trapped in underground mine in Chile

Mining News Pro - Chile’s mining agency, Sernageomin, announced that two miners are trapped in the La Nuestra mine, located near the town of Tierra Amarilla in the north-central Atacama region.

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