Thiess has confirmed that a fleet of five new electric-drive Liebherr T 264s have made their entrance, decked out in Thiess blue, at Antofagasto’s Encuentro copper operation in northern Chile. The arrival, which is an expansion to Thiess’ 240-tonne fleet range, underscores its dedication to expansion in the region, Thiess officials said, allowing for increased productivity and efficiency through faster…
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Anglo American said that, after talks and an agreement with a Chilean water desalination provider, it has secured the supply of desalinated water – which will meet nearly half of its needs – for its Los Bronces open-pit copper mine in the country. Anglo American base metals business CEO Ruben Fernandes said that the miner has a target to reduce…
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Workers at BHP’s Escondida mine in northern Chile have accepted a new offer from the global miner and will not move forward with a planned strike over safety concerns, reported Reuters. The Sindicato No. 1 union said that 1,495 members out of the 1,902 who voted accepted the new proposal from BHP. “This proposal contains a series of concrete and…
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Photo: Business Wire Capstone Copper has announced the Mantoverde-Santo Domingo (MV-SD) District Integration Plan, which showcases the path toward creating a world-class mining district in the Atacama region of Chile. The miner is targeting over 200,000 tonnes per year of low-cost copper production at MV-SD with the potential to also become one of the largest and lowest cost battery-grade cobalt…
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BHP, owner of the Escondida copper operation in the Antofagasta region of northern Chile, is collaborating with Caterpillar and Finning International to replace Escondida’s entire haul truck fleet. Under the agreement, which the group jointly confirmed is part of a strategic equipment renewal process developed by Escondida, the mine will take delivery of new Caterpillar 798 AC electric-drive trucks with…
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…
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After weeks of tension from an open-ended strike, workers at Codelco in Chile – considered the largest copper producer globally – have ended their action after reaching a deal with the government. According to a Barron’s report citing the Agence France Presse, the strike by FTC Labor Federation involved about 40,000 mine workers, all protesting the closure of the Ventanas…
Read MoreChile and Ecuador have resumed negotiations over a partnership to develop a major copper deposit in the northern Imbabura province of Ecuador after a yearlong impasse, reported Bloomberg. Ecuador Energy and Mines Minister Xavier Vera said that Chile’s state copper producer Codelco has agreed to a request by its Ecuadorian counterpart Enami to suspend two arbitration processes over the jointly…
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A proposal to give Chile exclusive mining rights over lithium, hydrocarbons and rare earth metals as well as majority ownership of copper mines in the country has failed to pass the constitutional assembly, reported Reuters. The proposal, which faced strong opposition from the country’s mining industry, needed a supermajority of 103 votes to be included into the draft of a…
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Photo: Anglo American A Chilean environmental regulator has recommended that Anglo American’s permit application to extend its Los Bronces copper project not be granted. The global miner said the Environmental Assessment Service of Chile (SEA) confirmed that the $3.3 billion project “satisfies all relevant environmental regulation but bases its adverse recommendation on an alleged lack of information during the evaluation…
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