Tag: copper

• Wednesday, May 31st 2023 - 10:16 UTC

  Argentina forecasted to become 2nd world lithium producer by 2035

  

  Argentina will overtake Chile as the world's second-largest lithium producer by 2035, according to the Chilean Copper Commission (Cochilco), it was reported in Santiago.

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• Tuesday, May 23rd 2023 - 10:56 UTC

  Chile's advantageous position in electromobility development highlighted

  

  During her participation in the Raw Materials Convention between the European Union and Latin America 2023 in Argentina, Chile's Mining Minister Marcela Hernando highlighted her country's advantageous position for the development of electromobility due to its large copper and lithium reserves.

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• Thursday, May 18th 2023 - 10:40 UTC

  Chile ups tax burden on copper mining

  

  Chile's Lower House Wednesday passed a bill increasing taxation on large copper mining, with which the Government of President Gabriel Boric Font intends to feed the country's coffers, it was reported in Santiago.

• Tuesday, January 3rd 2023 - 10:13 UTC

  Complicated 2023 for the Chilean economy as copper prices slide and political stability is fragile

  

  In early December Chile's central bank said the country's economy was set to contract between 1.75% and 0.75% in 2023, however in 2022 GDP is seen rising 2,4%, with a formidable takeoff in the first half of last year.

• Friday, June 24th 2022 - 10:08 UTC

  Chilean miners lift strike after agreement with Codelco

  

  Chilean copper mine workers have agreed to lift their strike after reaching an agreement with the state-owned Chilean National Copper Corporation (Codelco), it was announced Thursday.

• Tuesday, November 2nd 2021 - 08:54 UTC

  Peru's largest copper mine halts operations due to peasants' strike

  

  Peru's Antamina copper mine had to halt operations Sunday due to a strike by a rural community that decided to block one of the roads through which output is carried.

• Wednesday, February 17th 2021 - 08:25 UTC

  Good news for Chile, copper price soaring on Chinese demand

  

  Good news for Chile. The price of the country's main export, copper, reached this week its highest international value in eight years and nine months, at US$ 3,81 the pound, according to the latest reports from the London Metal Exchange.

• Tuesday, November 24th 2020 - 09:22 UTC

  Chile expects a bull market for copper next year

  

  Chile’s copper production will likely rise by 0.6% to 5.82 million tons in 2020, state copper commission Cochilco said on Monday, and to 5.99 million tons in 2021. Cochilco estimated that the copper price will average US$ 2.75 per pound in 2020, before rising to US$ 2.90 per pound in 2021.

• Thursday, November 5th 2020 - 09:32 UTC

  Chilean mining industry lobby cautions about the rewriting of the new constitution

  

  Chile’s world-leading copper industry will see investment lag for at least two years as the country rewrites a constitution that underpinned nearly three decades of mining growth in the South American nation.

• Saturday, October 31st 2020 - 08:14 UTC

  Chile's Codelco, world's largest copper producer reports profits are back

  

  Chile's State-owned miner Codelco, the world's largest copper producer, on Friday reported a 86% increase in its profit for the first nine months of the year on Friday, to US$1,124 billion, amid an increase in production.