Chile 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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State mining rights falls short in Chilean vote
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…
Read MoreDeny Anglo American extension permit: Chilean regulator
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…
Read MoreLa Coipa pours first gold
Kinross Gold’s La Coipa project in Chile has marked a significant milestone in its new life as an active operation: the pouring of its first gold bar. The Canadian miner said the news comes just one month after it confirmed the start of commissioning at the project’s plant in early February. With work advancing on time and within budget, crews…
Read MoreKinross to suspend operations in Russia
After confirming 23 February that its assets in Russia were unaffected by new U.S sanctions and were operational, the Canadian-based senior miner said 2 March it was in the process of idling its portfolio in the region. Kinross executives said the company is “deeply concerned” about destruction and loss of life in Ukraine and offered support to those suffering in…
Read MoreThiess deploys Liebherr T 264s at Chilean copper mine
Thiess said five new electric drive Liebherr T 264s are making an impression in Chile with their distinctive Thiess-blue trays, cementing its commitment to growing in the region. The trucks expand the mining contractor’s 240-tonne fleet range to deliver clients productivity and efficiency gains by allowing faster cycle times and higher load capacity. The T 264s have been deployed to…
Read MoreWorld Copper confirms targets at Escalones project
World Copper has announced exploration results from the northern targets at the Escalones project located southeast of Santiago, Chile.
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