SANTIAGO, Sept 13 (Reuters) - Indigenous communities living around Chile's Atacama salt flat have asked authorities to suspend lithium miner SQM's (SQMA.SN) operating permits or sharply reduce its ...
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Chile's state-run miner has made progress in negotiating with local communities over lithium mining and will keep working to win their support, Chief …
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The price of copper shot above $9,000 a tonne for the first time in February since 2011, as a nascent global economic recovery has prompted demand to boom for the commodity, used in global ...
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July 13, 2023, at 7:18 a.m. Chile Miners, Facing Higher Taxes, Seek Faster Permits, Lower Energy Costs. More. Reuters. FILE PHOTO: A mining truck is seen during an industry …
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Teck holds a 60% stake in Quebrada Blanca, while 30% is jointly controlled by Sumitomo Metal Mining and Sumitomo Corp. Chilean state-run Enami holds the remaining 10% stake.
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Chilean lawmakers to launch Codelco probe amid extended copper slide Reuters | August 24, 2023 | 10:05 am Intelligence Latin America Copper Chuquicamata mine, Chile.
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Apr 16, 202408:47 PDT. BHP. Chile's government needs to quickly approve a proposal to streamline permitting for the mining industry to unlock and promote investment in the world's top copper-producing country, a top BHP official said on Tuesday. "In Chile it is urgent to improve the permit system to allow companies to approve large investment ...
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Chile is close to achieving a consensus on how much to hike royalties in the mining sector, Mining Minister Marcela Hernando said on Tuesday, a decision that could have a significant impact on ...
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Chile, the world's top copper producer, earlier this month sued BHP, among other miners, over alleged environmental damages caused by its operations in the Atacama salt flats. The road blockades ...
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Trump officials are also on the verge of approving several mining projects, or significantly advancing their regulatory review process. One of those, the Lithium Americas Thacker Pass project in ...
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JAKARTA, Aug 9 (Reuters) - Indonesia launched on Monday a website to process investment permits, which the government hailed as an important milestone in reforms aimed at making it easier and ...
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State and federal approval for a mine can take more than a decade, compared to an average of a few years in Canada and Australia, which have large mining sectors. #miningnews https://lnkd.in ...
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Chile's Codelco, the world's top copper producer, plans to invest an additional $720 million revamping its century-old Chuquicamata copper mine, in an effort to stop the company's overall ...
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Apr 16, 202409:46 PDT. BHP. Chile's government needs to quickly approve a proposal to streamline permitting for the mining industry to unlock and promote investment in the world's top copper-producing country, a top executives said on Tuesday. "In Chile it is urgent to improve the permit system to allow companies to approve large investment ...
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Beginning in 2024, mining royalties will rise to a range of 8% to 26% of operating margin from the current range of 5% to 14%. There will also be a 1% ad valorem tax based on sales for miners that ...
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FILE PHOTO: Environmental activists react after Chile's committee of ministers denied permits for Andes Iron's Dominga copper and iron mining project, in Santiago, Chile, January 18, 2023.
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* Says delays possible on build out of Codelco megaprojects LONDON, Oct 22 (Reuters) - Chile's mining minister said she is working to streamline the …
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Teck is set to inaugurate the Quebrada Blanca Phase 2 project, which it says is one of the largest undeveloped copper resources in the world, in Chile's far north later this week. "Teck does ...
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August 31, 20211:38 PM PDTUpdated 3 years ago. SANTIAGO, Aug 31 (Reuters) - Chile has outlined plans to require miners in the country to increase traceability, slash water use amid a prolonged ...
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Written by Ian Cardenas, Paralegal In an effort to catalyse economic growth and attract investment, the Chilean Government has unveiled two landmark bills poised to revolutionise the country's permitting landscape. Among these, the Legislative Framework for Sectoral Authorisations, colloquially known as the 'Intelligent Permit System,' and the …
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In Chile, the modification adds marginal rates starting at 15% on sales derived from copper prices of between $2 and $2.50 a pound and as much as 75% when prices exceed $4. At current levels, the ...
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LMEWEEK-Chile to streamline mine permit process | Financial News. Home. Home. About Us; Advertise With Us; What's New; Share Prices. ... Eurasia Mining (EUA) 375; Dg Innovate (DGI) 229; Helium One ...
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Exclusive: Chile settles dispute with Albemarle over ... Apr 23, 2021· Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp, according to a letter viewed by Reuters, defusing a spat that may have led to the suspension of the company's permit to expand its operations in Chile.
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In 2000, the average capital needed for a new copper mine sat between $4,000-5,000 to produce a tonne of copper. By 2012, this had risen to $10,000 per tonne, and recent analyses pegged current ...
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"We want the politics to be out of the permit review process and let the facts, the science and the truth be the determinant as to whether a mine moves forward," said Representative Pete Stauber ...
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Almost 80 mining projects involving US$22bn are currently waiting for approval of permits from Chilean authorities, according to an official. The permits need …
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Chile's government must quickly approve a proposal to streamline permitting for the mining industry in order to unlock investment in the world's top copper-producing …
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(By: Reuters. Geologist José Cabello of consulting firm Mineralium said the Atacama and Maricunga salt flats host combined lithium potential of 10.8 million tonnes, corresponding to 64% of global ...
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The authority said Tuesday that Teck risks a fine of up to $7.6 billion pesos ($8m) for not finishing construction of an infiltration capture system at the project known as "Andacollo Cobre ...
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