The Chilean authority the Superintendence of the Environment (SMA) completed its investigation against the Alcaparrosa mine of Minera Ojos del Salado, a subsidiary of Lundin Mining, for its operational continuity project that in 2022 caused the generation of a sinkhole 49 meters in diameter and more than 60 m deep, located 900 m from the urban area of Tierra Amarilla,…
Read More
Lundin Mining said an agreement has been reached with the union at the Caserones mine in Chile’s Atacama Region and accepted by the majority of the union members through a vote. On August 12, one of the three unions representing approximately 30% of Caserones employees, or 5% of the total workforce at the mine, went on strike after not reaching…
Read More
BHP and Lundin Mining have agreed to jointly acquire 100% of Filo, owner of the Filo del Sol copper project, through a Canadian plan of arrangement.
Read More
Lundin Mining said it has opted to exercise its option to acquire an additional 19% interest in its equity position for SCM Minera Lumina Copper Chile, or Lumina Copper, owner of the Caserones copper-molybdenum mine in Chile. The deal with JX Advanced Metals Corporation carries a price tag of $350 million. Closing is expected on or around 2 July. The…
Read More
Diversified Canadian miner Lundin Mining has reported a fatality at its Neves-Corvo mine in Portugal on February 12. An employee was involved in a fall of ground accident while operating a piece of equipment underground. “We are deeply saddened by this tragic incident. Our sincere thoughts and support are with our colleague’s family and coworkers during this difficult time,” said…
Read More
Canadian producer Lundin Mining confirmed it is acquiring a majority interest (51%) of JX Nippon Mining and Metals subsidiary SCM Minera Lumina Copper Chile, operator of the Caserones copper-molybdenum mine in the Atacama Region of Chile. The price tag on the deal is about $950 million, including $800 million in cash consideration and $150 million in deferred cash payable in…
Read More
A large mystery sinkhole that developed in July at Lundin Mining’s Minera Ojos del Salado operation in Chile will be filled in as it also continues to pump out water that has seeped into the mine, according to a company official. A senior executive for a local unit, Luis Sanchez, told Reuters that an investigation is in the “decisive stages”…
Read More
Chile’s Minister of Mining Marcela Hernando said during the agency’s investigation into a sinkhole that has formed at Lundin Mining’s Chilean unit Ojos del Salado that the event was caused by “overexploitation” and excessive mining at the site. Work is continuing to determine the origin of cracks close to the subsidence and any potential impact to an aquifer near the…
Read MoreOfficials from Chile’s National Geology and Mining Service agency Sernageomin has ordered the suspension of operations at Lundin Mining’s Minera Ojos del Salado complex after a sinkhole developed at the Alcaparrosa underground copper mine, part of the Candelaria operation. The sinkhole, which has most recently measured 50 meters in diameter and 200 meters deep but appears to be stable, has…
Read More
Canadian-based Lundin Mining has confirmed the close of its takeover of Josemaria Resources and the Josemaria operation in Argentina, which is also making progress with the recent regulatory approval of its environmental social impact assessment. Read full article.
Read More