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Fabian Cambero

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

23 May 2019

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

30 Apr 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.

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

30 Apr 2019

SANTIAGO, April 30 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

24 Apr 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.

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

24 Apr 2019

EL TENIENTE MINE, Chile April 24 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

18 Apr 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

12 Apr 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

11 Apr 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

11 Apr 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-Codelco 'perfectly well' financed for next two years - board chairman

10 Apr 2019

SANTIAGO, April 10 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.

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