Codelco Chief Executive Nelson Pizarro said in a presentation on Friday that regulatory hurdles were only adding to problems that have long plagued Chile's mines.
Latin America Mining News
The board of Brazilian steelmaker Usiminas has approved roughly 1.38 billion reais ($344 million) in new capital expenditures.
The world's top iron ore miner has named Marcelo Spinelli as its new head of coal and ferrous metals.
The tremor prompted officials to activate emergency protocols.
Unionized workers rejected on Saturday the miner’s final contract negotiation offer and announced that they will vote on a proposal to go on strike.
The Minas Gerais environment secretary estimated this week that the dam had a 10-15% chance of collapsing.
The Canadian miner reported that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold.
The state-owned copper miner said that since mining at the open-pit mine ends in 2020, which is when the underground section begins commercial operations, it will able to keep productive capacity unchanged.
Researchers have uncovered a wealth of well-preserved meteorites that allowed them to reconstruct the rate of falling meteorites over the past two million years.
State-controlled China Communications Construction Co and iron ore miner Vale SA have agreed to set up a steel mill in Brazil's northern state of Pará with a $450 million investment.
The iron ore market is surging, with prices last week topping the $100-per-tonne level for the first time in five years.
The Chilean lithium producer expects demand to grow about 17% in 2019 to at least 315,000 tonnes, compared to the less than 260,000 tonnes it totalled last year.
Copper output in Africa’s second largest producing country could decline by as much as 100,000 tonnes this year, adding to recent, sharp declines at the world’s main producing nations.
The single highest cause of deaths in 2018 was from mobile mining equipment — the ICMM is exploring collision avoidance technology.
While iron ore prices have surged to a five-year high above $100 a tonne, not all producers of the steel-making ingredient are sharing in the bounty.
The Fuerabamba community had imposed a new road blockade on the mine after talks with the company over compensation broke down.
The blockade would be resumed pending further response from the miner and the central government.
The world's largest miner has revised up expectations for electric vehicle sales and market penetration, but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure does.
The plant, a key supplier to the aluminium industry, currently operates at half of its capacity after a spill in February 2018.
Ecuador has attracted a flurry of interest from big miners eager to increase their exposure to copper.
Underpinning investor confidence are the country’s vast mineral riches.
Dr. John-Mark Staude, president and CEO of Riverside Resources, sits down with Maurice Jackson of Proven and Probable to discuss his company's just-announced exploration funding agreement with BHP.
According to a document published on Thursday, prosecutors said Vale is predicting the dam in the city of Barao de Cocais may collapse next week.
Europe's second-largest copper producer also posted its best quarterly results in the last three years, with revenue rising by PLN 1.2 billion (about $312 million).
Miner logged a pre-tax loss for the period of ￡352,553, compared to a ￡602,678 loss a year before, as administrative expenses almost halved.