Focus: Chile's parched mines race for an increasingly scarce
Mines are also feeling the effects. Anglo American's (AAL.L) flagship Los Bronces mine in central Chile saw production fall 17% year-on-year in the first quarter of 2022, partly due to water ...
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Does upside outweigh risk in copper rich Chile?
In July 2022, Chile's finance minister, Mario Marcel, introduced a tax reform bill that raised copper mining royalties on companies that produce more than 50,000 tonnes a year. It also increased ...
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Mining Permits in Chile: What You Need to Know
When getting a mining permit in Chile, the process to obtain an exploration concession consists of four key steps: Submit an exploration request, known in Chile as ' Pedimento ' before the Civil Court of the territory where the mining deposit you want to explore is located. If the request is approved by a judge, you will have 30 days to pay ...
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Water supply for mining industry: The Chile case
The mining process is complex and often requires substantial amounts of water. Falling ore grades and growing demand for metals like copper and lithium push mining projects into increasingly remote locations. ... Mining in Chile is very profitable, so most water supply projects are funded and organized by mining companies to benefit …
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Chile aims to be among world's top three cobalt producers
According to a research commissioned by Chile's state development office Corfo and the National Geology and Mining Service (Sernageomin), the country has the potential to produce 15,000 tonnes ...
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InvestChile | InvestChile
The mining sector can benefit from clean and low-cost energy that will enable it to stop burn fossil fuels. It is estimated that in 2023, 63% of the copper mining industry's electricity will come from clean sources," said the Biminister. InvestChile closed 2020 with a portfolio of 39 mining projects worth US$7 billion, with capital coming ...
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Chile's largest open pit copper mine goes underground
The Chile-owned miner sold $750 million 30-year bonds at an extra yield, or spread, of 180 basis points above U.S. Treasuries. Codelco also placed $1.25 billion of 10-year bonds at a 165-basis ...
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Chile aims to have four new lithium projects running by 2026
Credit: Alberto Loyo via Shutterstock. Chile wants to have three or four new lithium projects operational by 2026, according to the nation's Minister of Finance, Mario Marcel. Last year, the South American country, the world's largest producer of copper and second-largest producer of lithium, launched its National Strategy for Lithium.
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Chile's New Lithium Strategy: Why It Matters and …
Australia produces lithium from hard rock mining, whereas Chile produces lithium from brine deposits, which are underground lakes of saline groundwater located under salt flats. Brine operations have longer …
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Chile opens 26 lithium salt flats to private companies
Tender process for the lithium-rich flats, excluding Atacama and Maricunga, will start in April and is expected to conclude in July. Chile opens 26 lithium salt flats to private companies - MINING
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Chile to tender lithium permits in first half of 2024
Chile is the world's no. 1 copper producer and second largest for lithium, but while its copper output is dominated by Codelco, lithium production has been in charge of private miners SQM (NYSE ...
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ndida Mine, Chile
Expansion of the ndida mine. In mid-1993, the first phase of expansion was started by MEL, increasing the ore processing capacity of the first concentrator plant (Los Colorados) from 35,000 tonnes per day (tpd) to …
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Human rights due diligence as a risk management …
This commentary aims to frame human rights due diligence as a key instrument in risk management of a mining company with a focus on Chile. To this end, we analyse the challenges faced by the industry in a scenario of clean energy development that involves a high demand for minerals such as copper and lithium.
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Mineral rush: How Chile's mega mines are critical to our …
By Ed Conway, economics & data editor, in Chile The inconvenient truth about climate change is that solving it will involve digging, blasting and leaching more minerals and …
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Chile's New Lithium Strategy: Why It Matters and …
On April 20, the Chilean government announced its new lithium strategy, which plans to give control of the country's lithium industry to the state. While Chile's decision is fueling much debate and …
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Chile might implement mandatory use of …
Photo: Peter Campbell. The use of desalinated water in mining processes might become a mandatory action in Chile, after the submission of a new draft bill. The action was carried by the country's …
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Chile outlines plans for mining to increase traceability, use …
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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Projects | Newmont Corporation – Operations & Projects
Purpose Overview. Secures Tanami's future as a long-life, low-cost producer by extending mine life beyond 2040 and providing a platform for future exploration growth. The ore body remains open at depth. Alleviation of truck hauling constraints to enable more efficient mining of deeper ounces. Enables future processing of ~3.3 Mt of ore per year.
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Environmental Management Strategies in the Copper …
resource for the copper mining industry, is used in many stages of the mining process [21]. Based on projections, total water consumption for copper mining in Chile will be 23.3 (m3/s) by 2031, representing an annual average increment of 2.1% [22]. The increase in water consumption is due to two main reasons. The first is a change
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Copper in Chile
Copper production in Chile and major projects. According to GlobalData, Chile is the world's largest producer of copper in 2022, with output down by 4.29% on 2021. Over the five years to 2021, production from Chile increased by a CAGR of 0.55% and is expected to rise by a CAGR of 2% between 2022 and 2026. GlobalData uses proprietary …
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Mining in Chile – statistics & facts | Statista
Mining sector as share of GDP in Chile 2010-2022. Number of jobs in Chile's mining sector. 221k. Detailed statistics. Mining sector employment figures in Chile 2010-2023. Leading...
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A Mining Company In Chile Reveals How It Earned Its Licence To
Mining in Chile is strongly influenced by concerns of citizens, impacting how the industry operates and how it is regulated. Community engagement and process risk management play key roles.
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Chile's lithium mining dilemma: Reconciling economic
Now the future of lithium mining is being determined through an unprecedented constitutional reform process and the decisions that the country's new 36 …
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Chile: Understanding The Recent Changes In Chile's Mining …
Changes to Chile's mining legal framework over the past four decades have been rare and modest. However, February 2022 marked a significant turn with the enactment of Law No. 21,420 (the " Law "), which contains the most important amendments to the Mining Code (the " Code ") since it was enacted in 1983. More information about …
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Understanding the impacts of mining on local environments …
Much of Chile's mining is concentrated in and around the Atacama Desert — the world's driest desert. Unfortunately, mining requires large amounts of water for a …
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Chile: On the road to global sustainable mining
Mining is the largest industry in Chile, contributing 12.5% to the country's GDP in 2020 (Central Bank of Chile, 2021), with 11.2% allocated to copper extraction and …
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Chile charts new course for lithium with proposed state …
Chile hopes to unlock its lithium potential by forming a state-run mining company that will partner with private miners, in a shift away from the country's strategy of selling mining permits. Chile has the world's second-largest lithium reserves behind Bolivia, yet trails Australia in production, according to S&P Global Market Intelligence data.
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Copper Mining and Processing: Everything you Need to Know
The Basics of Copper Mining and Processing. Mined from open pits, copper ore must be crushed as part of the process that occurs between extraction and production. ... nearly 18 million tons of copper was produced throughout the world. With production just under 6 million tons, Chile is the world's largest producer, with the United States ...
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Lithium Mining Is Leaving Chile's Indigenous …
Dispatch. Lithium Mining Is Leaving Chile's Indigenous Communities High and Dry (Literally) As the metal fuels the clean tech boom, companies race to mine the Atacama Region. At stake: fragile...
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Water, an essential resource for mining in Chile
The water supply used in mining in Chile comes from surface sources (28%), groundwater (33%), seawater (30%) and third parties (9%). In terms of technologies, desalination is gaining ground, accounting for 30% of the industry's water consumption, and is expected to reach 50% by 2030. There are currently eleven desalination plants …
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