Tag: Codelco

• Monday, January 8th 2018 - 09:19 UTC

  Argentina and Chile forecasted to lead global lithium production

  

  A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019.

• Monday, January 16th 2017 - 08:18 UTC

  Chilean eco terrorist group claims responsibility for parcel bomb against CEO of largest copper corporation

  

  An eco-terrorist group said it was responsible for a parcel bomb that detonated at the home of the chairman of the board of Chilean state-owned mining giant Codelco, the world’s biggest copper producer.

• Thursday, March 26th 2015 - 09:46 UTC

  North Chile heavy rain and flash flooding forces suspension of world's largest copper mines

  

  Heavy rains in Chile's northern desert regions have caused mudslides and rivers to breach their banks, leaving residents stranded and forcing top copper miner Codelco to suspend mining operations.

• Thursday, May 22nd 2014 - 08:53 UTC

  Chile to Host 5th Edition of the Global Mining Technology Forum

  

  The 5th Annual Global Mining Technology Forum will be held in October 2014 in Santiago to discuss the mining industry's way forward in technology adaptation. Fleming Gulf Conferences has announced that the 5th edition of it's flagship mining conference will take place in October 2014 in Santiago, Chile.

• Wednesday, August 14th 2013 - 19:24 UTC

  Bachelet pledges mining reforms, including royalties, to help finance programs

  

  Chile's presidential frontrunner Michelle Bachelet says she is studying possible changes to mining policy in the world's top copper producing country. The possible changes include altering mining royalties and funding programs for state-owned mining company Codelco.

• Thursday, July 12th 2012 - 01:59 UTC

  Chile’s top copper producer placed 2bn dollars in 10 and 30-year bonds

  

  The world’s number one copper producer Codelco announced it had placed 2 billion dollars in bonds, its largest debt issue to date, aimed at refinancing debt and funding a good part of the miner's 2013 investments.

• Friday, June 1st 2012 - 06:46 UTC

  Lack of political support freezes Chile’s biggest multi-dam project

  

  Chile’s biggest dam project involving 7 billion dollars and already delayed by protests over plans to flood 14,000 acres of Patagonia wilderness, suffered a fresh setback after one of its investors said the venture lacks political support to proceed.

• Monday, November 21st 2011 - 07:19 UTC

  Major clash in Chile between state copper company and Anglo-American

  

  Anglo American is jeopardizing its future in Chile by trying to prevent state-owned copper giant Corporacion Nacional del Cobre, Codelco from acquiring a 49% stake in its AAS subsidiary, warned Codelco’s CEO.

• Tuesday, August 16th 2011 - 13:41 UTC

  Chile approves massive coal mining project in extreme south Patagonia

  

  The controversial Isla Riesco coal-mining project in the extreme south of Chile took another step forward last Friday when a high-level government commission gave final approval to the first of five mines, Mina Invierno.

• Friday, May 20th 2011 - 10:42 UTC

  Piñera submits bill to repeal financing military expenditure with copper exports

  

  Chilean President Sebastián Piñera signed a bill which, if approved by Congress, would eliminate a substantial source of revenue for Chile’s Armed Forces. Under current legislation, 10% of all export revenues from Chile’s National Copper Corporation (CODELCO) are directed to the Superior Council of National Defence, to be spent on weaponry and equipment.