Antofagasta says drought could hit full year production
Chilean miner Antofagasta (LSE: ANTO) saw copper output fall 2.8% to 361,500 tonnes in the first half of 2021 and warned that full-year production guidance, unchanged for now, could be…
Antofagasta plc
Interview: Chile’s Minister of Mines and Energy prepares for new cycle of expansion
As copper prices hit their highest level in almost a decade, Chile’s mining industry is preparing for a new cycle of expansion. “We hope that if the price cycle remains…
Antofagasta’s Los Pelambres expansion to cost extra US$400 million
Chilean miner Antofagasta (LSE: ANTO) revealed today that the expansion project at its Los Pelambres operation in the home country would cost US$1.7 billion, up from the original US$1.3 billion, due…
Water rights under scrutiny in Chile’s Atacama Desert
In one of the world’s driest deserts, the battle for water is heating up. Mining companies sifting northern Chile’s Atacama Desert for copper, lithium, and other minerals are increasingly finding…
US government to assess Twin Metals mine proposal
Antofagasta’s (LSE: ANTO) Twin Metals Minnesota has received formal notice that its planned copper-nickel-cobalt-platinum metals mine will be assessed through a federal environmental review. The U.S. government’s Bureau of Land…
Silver miners hit hard by lockdowns, GlobalData says
Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to disrupted mining activities across the globe. Thirty-two countries have passed partial or complete lockdown orders, leading…
COVID-19 cuts US$280B swathe through top 50 mining companies
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows a beleaguered industry at the end of the first quarter 2020, despite a resurgent gold price…
Antofagasta halts Los Pelambres expansion project
Antofagasta (LSE: ANTO) has suspended a US$1.3 billion expansion at its Los Pelambres operation in Chile for an estimated four months as the coronavirus pandemic has made it impossible to…
Chile’s copper output falls on declining grades
Copper production in Chile, the world’s No. 1 producer of the metal, dropped by 44,000 tonnes, or almost 0.8%, last year compared to 2018, amid a perfect storm of falling…
BHP to supply desalinated water to Escondida
BHP’s (NYSE: BHP; LON: BHP) Escondida copper mine in Chile, the world’s largest, will stop drawing fresh water from the Atacama salt flat, using instead desalinated water brought from its…
Chile in turmoil as tensions boil over
The worst unrest in Chile in a generation threatens to overturn assumptions about one of South America’s most stable countries and the world’s leading copper producer. All it took was…
North American Palladium acquires 51% of Sunday Lake
On the back of record quarterly revenues from its wholly owned Lac des Îles mine, 100 km northwest of Thunder Bay, Ont., pure-play palladium producer North American Palladium (TSX: PDL;…