The new strategy of respecting the right to protest while brokering lasting agreements may take longer, but it’s starting to bear fruit, Prime Minister Mirtha Vasquez said in an interview late Tuesday.
The company is modifying operations while it awaits the results of its appeal to an order to stop drawing water from the Lagunillas aquifer for 90 days.
President-elect Gabriel Boric has said Chile should not repeat its "historic mistake" of privatizing resources such as lithium, a vital ingredient of electric car batteries.
Extraction at BHP's Escondida, the world's largest copper mine, fell by 11.6% year-on-year to 80,300 tonnes in November. In 2021 through November, the mine recorded a 14.5% drop.
Private equity firms are lining up to take on the dirty -- and highly profitable -- assets being divested by publicly traded commodity producers as the world grapples to decarbonize.
Barrick took control of the mine in 2019, when the country’s National Environment Management Council had closed down the TSF, then holding significantly more water than it should.