South32 buys stake in KGHM’s Chilean mine for $1.55bn

Mining News Pro - Australia’s South32 has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM for $1.55 billion.

Chile to open 400,000 tonnes of lithium reserves up for exploration

Mining News Pro - Chile will open a tender for the exploration and production of 400,000 tonnes of lithium in an effort to reclaim market share and meet growing demand for the metal used in electric vehicles and high-tech devices.

Sumitomo to sell Chilean copper mine stakes to South32 for around $1.5bn

Mining News Pro - Japan’s Sumitomo Metal Mining and Sumitomo Corp agreed to sell their stakes in the Sierra Gorda copper mine in Chile to Australian miner South32 Ltd for around $1.5 billion, the companies said on Thursday.

Albemarle says Chile output on track despite strike

Mining News Pro - Albemarle Corp, the world’s top lithium producer, said on Tuesday it has maintained output from its Chile operations despite an ongoing strike by one of the company’s four unions in the South American nation.

Chile needs $150bn to boost green copper output, minister says

Mining News Pro - Mining powerhouse Chile needs $150 billion in investment to hit its goal to nearly double copper output by 2050, part of a bigger plan by the world’s top copper producer to ratchet up production while reducing environmental harm, the country’s mining minister told Reuters on Wednesday.

Chilean court backs Caserones environmental remediation plan

Mining News Pro - A Chilean court has approved a $42 million compliance plan submitted by JX Nippon’s Caserones mine to repair environmental damage caused by the operation, despite being currently contended by farmers in the country’s northern Copiapó region.

Chilean court backs Caserones environmental remediation plan

Mining News Pro - A Chilean court has approved a $42-million compliance plan submitted by JX Nippon’s Caserones mine to repair environmental damage caused by the operation, despite being currently contended by farmers in the country’s northern Copiapó region.

Copper royalty bill clears another hurdle in Chile

Mining News Pro - A bill that would create the heaviest tax burden among major copper-producing nations was approved by a Chilean senate mining committee on Tuesday.

Chile outlines plans for mining to increase traceability

Mining News Pro - Chile has outlined plans to require miners in the country to increase traceability, slash water use amid a prolonged drought, and bolster the diversity of their leadership in a mining policy blueprint published on Tuesday.

Chile regulator files charges against Canada's Lundin over blasting

Mining News Pro - Chile's environmental regulator said on Tuesday that it had filed charges against Canadian miner Lundin's Candelaria copper mine for breaches in its operational permits, including violations related to its blasting operations.

Chile's May copper production up 5.8% y/y in May

Mining News Pro - Chilean State Copper Commission Cochilco reported on Friday that Codelco's production rose 5.8% in May versus the same month last year to 152 500 t.

Mining companies in Chile seek input into the country's new constitution

Mining News Pro - Mining companies operating in Chile will seek to enter the constitutional debate set to start soon in the world's top copper-producing nation as the firms try to preserve growth of the sector, an industry leader told local media on Saturday.

A giant copper union joins push for bigger state role in Chile

Mining News Pro - As the top copper-producing nation drafts a new constitution and heads toward presidential elections, an influential mining union is pushing for a bigger state role in mining and a much larger government take.

BHP dodges copper strike in Chile with eleventh-hour wage deal

Mining News Pro - BHP Group averted a strike at its second-largest copper mine in Chile after workers at the Spence operation accepted a final wage offer on the last day of mediated talks.

Strike at BHP’s Chile copper mines continues, no end in sight

Mining News Pro - A strike by workers for BHP’s Escondida and Spence copper mines in Chile entered its fifth day on Monday, as the union awaited a decision by labor authorities over whether substitute workers the company called in are legal, a union leader told Reuters.

Copper price rises as looming strikes in Chile add to supply worries

Mining News Pro - Copper prices advanced on Wednesday, as a workers’ strike in Chile threatened already low supplies in the raw material market.

SQM shuns fears of higher taxes in Chile, fast-tracks expansions

Mining News Pro - SQM, the world’s no. 2 producer of lithium, doesn’t seem worried about potential higher taxes for miners in Chile, as it is pushing ahead with planned expansion plans in the nation, which is also the world’s top producer of copper.

Lundin Mining ready to bet on Argentina as Chile risk grows

Mining News Pro - In a sign of South America’s shifting political winds, a billionaire mining clan is holding off on new investments in Chile because of country risk while looking to move forward with a huge spend in Argentina.

Chile’s Escondida copper mine union hopes for deal but girds for strike

Mining News Pro - The union representing workers at Chile’s Escondida copper mine, the world’s largest, said on Wednesday it was preparing for a lengthy strike if owner BHP did not drop a historically “awful” attitude towards its labor force to reach a “fair and equitable” deal in looming contract talks.

Teck sees little risk of higher taxes in copper producer Chile

Mining News Pro - Canada’s Teck Resources sees little risk of higher taxes in copper powerhouse Chile due to a stability agreement that shields the company's massive Quebrada Blanca Phase 2 copper project from higher levies for 15 years, CEO Don Lindsay said on Tuesday.

Billionaire miner Lundin looks to Argentina just as Chile outlook dims

Mining News Pro - In a sign of South America’s shifting political winds, a billionaire mining clan is holding off on new investments in Chile because of country risk while looking to move forward with a huge spend in Argentina.

Politics are turning against copper mining in top producer Chile

Mining News Pro - Chilean copper mining is facing its biggest regulatory threat since the industry took off more than three decades ago.

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.

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