World’s top 10 biggest copper mines
Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world’s energy systems is also used in…
Codelco
Proposed new royalty unsettles miners in Chile
The return of high copper prices has come in the nick of time for Chile, but as the price for the red metal rallies, politicians…
World’s largest copper miner to cut 70% of emissions by 2030
Chile’s Codelco, the world’s largest copper producer, has outlined sustainability plans in five areas of action for its operations and projects, including goals to cut carbon…
Copper surges to 28-month high
The copper price was trading at its highest since June 2018 on hopes of a U.S. stimulus package, worries about supply from top producer Chile,…
Lundin Mining to halt Candelaria after union talks fail
Lundin Mining (TSX: LUN) will suspend operations at its Candelaria copper mine in Chile after failing to reach a deal with a second union, representing…
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…
Chile’s Chamber of Mines rejects calls to privatize Codelco
Chile’s Chamber of Mines and unionized workers have rejected a proposal put forward by parliament members to sell state-owned Codelco, the world’s largest copper miner,…
Coronavirus hits Peru’s mining sector
Mining companies operating in Peru are being forced to keep operations suspended and halt new ones as confirmed coronavirus cases in the country jumped past…
Codelco shuts Chuquicamata operation over coronavirus fears
Chile’s Codelco, the world’s No. 1 copper producer, has closed its Chuquicamata smelter and refinery to prevent a further spread of Covid-19 among its staff,…
Codelco profits down 85% despite output increase
Chile’s Codelco, the world’s largest copper producer, saw profit nosedive in the first three months of the year as prices for the metal dropped to…
Extended lockdowns hit copper production
Peruvian copper mine Antamina, owned by BHP (NYSE: BHP; LSE: BHP) and Glencore (LSE: GLEN), has reported 210 positive cases of coronavirus and said the…
BHP becomes world’s top copper producer
BHP Group (NYSE: BHP; LSE BHP) has become the world’s largest copper miner based on production, after Chile’s copper commission announced a slide in output…