United States

Fabian Cambero

Exclusive: Chile's Codelco set for copper output hit as key mine goes underground

2:19am EDT

SANTIAGO Codelco's giant Chuquicamata mine is set for a 40% drop in production over the next two years, an internal forecast seen by Reuters shows, pointing to the sharp challenge facing the world's top copper miner as it scrambles to maintain output.

Royalties for lithium to be set case by case in Chile: minister

Apr 30 2019

SANTIAGO Chile's mining minister Baldo Prokurica said royalties for the ultralight battery metal lithium would be set on a "case-by-case" basis from now on, using a negotiation model similar to that used with top producers in Chile's Atacama salt flat.

First hybrid dump truck to cart copper at Codelco's El Teniente mine in Chile

Apr 24 2019

EL TENIENTE MINE, Chile The world's top copper miner Codelco has added its first hybrid dumptruck to its fleet at its El Teniente mine, the company said on Wednesday, in a global mining industry that is increasingly seeking to reduce its emissions and environmental footprint.

Green economy good news for copper producers: Antofagasta chairman

Apr 18 2019

LOS PELAMBRES MINE, Chile The global fight against climate change will boost demand for copper, a key metal used in the production of electric vehicles, Antofagasta chairman Jean-Paul Luksic said on Wednesday.

CRU-CESCO-Copper industry to see more disruptions in 2019 -Antofagasta CEO

Apr 12 2019

SANTIAGO, April 12 The global copper industry will be rocked by more disruptions this year than in 2018, contributing to a supply deficit as demand for the red metal continues to grow, the top executive of Chilean miner Antofagasta told Reuters.

China's Tianqi agrees truce in battle over Chilean lithium miner SQM

Apr 11 2019

SANTIAGO China's Tianqi Lithium Corp has come to an agreement over the governance of Chilean miner SQM with key shareholder Pampa Group, easing away from hostilities over control of the world's second-biggest producer of lithium.

Codelco 'perfectly well' financed for next two years: board chairman

Apr 10 2019

SANTIAGO Chile's Codelco, the world's biggest copper producer, is "perfectly well financed" for the next two years as it pushes forward with its largest-ever drive to revitalize its aging mines, Chairman Juan Benavides said on Wednesday.

CRU-CESCO-Chile´s Collahuasi copper mine expects to match 2018 record output this year -CEO

Apr 09 2019

SANTIAGO, April 9 Chilean miner Collahuasi this year expects to match its 2018 production of copper, an all-time high for the company, its top executive said on Tuesday.

Anglo American says tech overhaul to boost productivity by 30 percent

Apr 08 2019

SANTIAGO Anglo American, one of the world's top miners, says productivity could jump by as much as a third at its Chilean copper mines within three years as it rolls out new technologies, the head of the company's copper division said in an interview.

Sierra Gorda union agrees deal with KGHM to avert Chile copper mine strike

Mar 31 2019

SANTIAGO Polish miner KGHM and a union representing workers at its Sierra Gorda copper mine in Chile have come to an agreement over contract talks, the head of the union told Reuters, heading off the threat of a strike.

World News