Rio Tinto has entered a joint venture with Corporación Nacional del Cobre de Chile (Codelco) to explore and potentially develop the company’s assets in Chile’s prospective Atacama region. The companies will start their joint exploration project at Agua de la Falda. Rio Tinto recently completed the acquisition of PanAmerican Silver’s 57.74% stake in the asset for $45 million and the…
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Alvarado takes over as Codelco CEO
After an exhaustive search and selection process, Codelco said that Rubén Alvarado Vigar will assume as its new CEO starting on 1 September, replacing André Sougarret Larroquet. General manager of Metro between 2014-2022, he was also corporate general manager of Alsace & Express between 2012-2013, director of engineering and maintenance of LAN Airlines between 2007-2012, project manager for the Techint…
Read MoreWilliams named Chile mining minister
Chilean president Gabriel Boric has reportedly appointed Aurora Williams as the new mining minister for the country. Williams, according to Reuters, was placed after a reshuffle of cabinet members as the government seeks to advance key reforms, and replaces Marcela Hernando. She last served in the same seat from 2014-2018 under previous president Michelle Bachelet. “I invite the ministers to…
Read MoreRio Tinto picks up Agua de la Falda, enters Codelco JV
Rio Tinto has agreed to purchase PanAmerican Silver’s stake in Agua de la Falda, with exploration tenements in Chile’s prospective Atacama region, and to enter a joint venture with Codelco (Corporación Nacional del Cobre de Chile) to explore and potentially develop Agua de la Falda’s assets.
Read MoreTrapped worker rescued at Codelco mine
A worker was evacuated without injury after becoming trapped in Andes Norte, part of Codelco’s new El Teniente mine in Chile, following a rock blast at the site, reported Reuters.
Read MoreBHP, Codelco collaborate on sustainability
BHP and the Chilean state-owned Codelco have signed a five-year collaboration agreement that will focus on the accumulated experience of both miners in innovation projects focused on strengthening the sustainability of its operations. Full story.
Read MoreCodelco renews Innergex contract through 2032
Aligning with its 2050 decarbonization goal, Chile’s state-owned Codelco has renewed a clean energy contract with Canada’s Innergex Renewable Energy for its Gabriela Mistral mining division in northern Chile.. The new contract became effective April 1, and will run until the end of 2032. “This clean energy project allows us to avoid the emission of 15,000 tons of carbon dioxide…
Read MoreCodelco’s El Teniente mine earns Copper Mark
Chile state-owned copper producer Codelco has received the highly sought-after Copper Mark sustainability certification for its El Teniente operation. A Reuters report said the news comes after Codelco confirmed last year it would seek the certification for all of its mines by the end of this year, with El Teniente, south of Santiago, being first. Chile’s largest global copper producer,…
Read MoreLeaching technology in action at Freeport’s El Abra
Jetti Resources has inked a deal with Freeport-McMoRan for its leaching technology deployment at the El Abra copper operation in Chile. The deal for the placement, which is between Jetti and Sociedad Contractual Minera El Abra, is the first in Chile, and the second for Jetti at a Freeport mine. The first was the Bagdad mine in Arizona last year.…
Read MoreCodelco 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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