Chilean miner Antofagasta has confirmed it will start operations at its new desalination plant – part of its $2.2 billion expansion of the Los Pelambres complex – this year, as facility construction is 86% complete and marine works are 87% done. The plant at the port of Punta Chungo, Los Vilos, was designed for water management amid an extensive drought…
Read MoreThe finance minister for Chile, Mario Marcel, has reportedly outlined a tax reform plan that will not only raise taxes across the country, but will also increase mining royalties for copper companies producing over 50,000 tonnes annually. The plan, according to a Reuters report, would impact some of the industry’s largest producers including BHP, Antofagasta, Codelco and others. It has…
Read More
Antofagasta said on 7 June that its operations have been disrupted at the Los Pelambres project in Chile’s Coquimbo region after a leak was detected in the underground pipeline that carries its concentrate. The miner said the leak was detected on 31 May in the line between its concentrator plant and the Los Vilos port and was immediately shut down;…
Read More
The Copper Mark initiative, with the addition of its three newest award sites, has confirmed that more than 10% of the world’s copper is now being produced by its member operations. The new additions to the group bring the total number of participating sites to 12. KGHM Polska Miedź S.A. Oddzial Huta Miedzi’s Glogów and Legnica mines, both in Poland, mark…
Read More