Codelco names Sougarret CEO

Chilean copper producer Codelco has named a new CEO: Andre Sougarret. According to a Reuters report citing a company statement, he replaces Octavio Areneda, who is stepping down for personal reasons effective 29 August. Sougarret was most recently vice president for the company’s northern operations. He is currently on medical leave, Reuters noted, so his appointment will be effective once…

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Codelco halts projects after second worker death

Chilean state-owned miner Codelco is putting the brakes on its copper projects after two of its workers were killed in less than a month. According to a Reuters report, the fatalities were reported at the Rajo Inca and Chuquo Subterranea projects. In the former, which occurred on 18 July, a truck driven by a contractor slid off a platform at…

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Komatsu, Codelco to trial mining tunnel borer in Chile

Komatsu and subsidiary Komatsu Cummins Chile have partnered with Chilean state-owner miner Codelco to trial a new tunnel excavation method for underground hard rock mining using Komatsu’s newly developed Mining Tunnel Boring Machine (TBM). The trail will begin in 2024 at Codelco’s Chuquicamata mine just outside of Calama in northern Chile, a property that is situated at 2,850 metres (9,350…

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Chile minister: copper mining royalties to rise

The 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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Codelco workers call off strike

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…

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Chile, Ecuador restart Llurimagua discussions

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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Codelco partners on creation of free carbon footprint calculator

Codelco, the world’s largest copper producer, has announced the development of a free-to-use platform for mining suppliers to calculate greenhouse gas (GHG) emissions in an effort to decarbonize the industry. The Chilean miner has partnered with the Bank Inter-American Development Bank (IDB), the Alta Ley Corporation, and the Association of Industrial Mining Suppliers (Aprimin) on the project. Codelco said the…

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Codelco’s Radomiro Tomic selects Foresight

Chilean miner Codelco has submitted an order with Metso Outotec for delivery of its Foresight semi-mobile primary gyratory (SMPG) crushing plant for its Radomiro Tomic copper mine near Calama, El Loa province. Financial details for the order were not released, but Metso Outotec said it has been booked with its 3Q21 received orders under its minerals arm. A timeline for…

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