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Copper in Chile is facing its greatest regulatory threat
The composition of the constitutional assembly leaves miners like BHP Group and Anglo American Plc vulnerable to stricter rules affecting water, glaciers, mineral and community rights. The government's crushing defeat may also add momentum to a bill that would create...
BHP’s Escondida and Spence union rejects contract offer
The union representing workers at BHP's Escondida and Spence mines in Chile has rejected the company's contract offer, raising the risk of a strike at the two sprawling copper deposits. Union president Jessica Orellana told Reuters that 97 percent of the group's...
Portugal could postpone lithium license auction until 2022
Portugal's long-awaited auction of lithium exploration licenses may have to wait until next year, as the country faces some hurdles in implementing a new mining law that would grant municipalities more say in mining projects. The new set of mining rules, approved last...
Codelco wants to extend Salvador’s life until 2068
Codelco, the world's largest copper producer, announced Wednesday that it will soon invest on a $1.4 billion project to extend the life of its former Salvador division until 2068. The Rajo Inca project aims to convert Salvador from an underground to an open pit mine,...