Anglo American, which has been on a journey to work with customers on sustainable value chains outside of its own portfolio, has collaborated with top China copper producer Jiangxi Copper Company to offer greater assurance on responsible copper from its mining and path to market. Full story.
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Lawmakers in Chile’s lower house of Congress approved a mining tax reform bill, which will require large copper and lithium miners that operate in the mineral-rich country to pay more taxes and royalties to the government, reported Reuters. Under the reform, the top tax rate will reach up to nearly 47% for companies that produce over 80,000 tonnes of fine…
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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…
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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 MoreAn executive for BHP has shared that the global miner plans to expand its presence in Peru through exploration of new copper projects, reported Reuters. Rag Udd, who heads the company in the Americas, told an audience at the Perumin mining conference in Arequipa, Peru, that BHP will invest $12 million on exploration in the next 10 months and that…
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With the ultimate goal of putting a holistic approach to mine optimization, FLSmidth chose Perumin 2022 to officially introduce its PerformanceIQ Services concept. PerformanceIQ Services, it said, has the ability to supercharge mine performance through a full-flowsheet approach to optimization based on equipment knowledge, process expertise and digital solutions. It focuses on brownfield mining operations to detect performance gaps and…
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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Miner Southern Copper said its Cuajone operation in Peru remains idled as it enters a seventh week of a standoff with Indigenous community protestors. The company told Reuters just before Easter that, nationwide, the protesting communities are accusing operators of not providing enough jobs and money to impoverished locals. Southern Copper has reportedly accused Peru’s government of failing to intervene…
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