Tesla, Apple, Google, Microsoft dodge Congo cobalt class-action

Speaking on the sidelines of the World Copper Conference held this week in Santiago, chief executive Iván Arriagada said the company will only go ahead with the project if it meets Antofagasta’s return criteria.

If rubber-stamped by the senate, the move would give state-run KGHM a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past years.

President Jair Bolsonaro said on Friday the country could open a vast reserve in the Amazon rainforest to mining, a move attempted by his predecessor that was quickly rescinded following an international environmental outcry.

Sociedad Química y Minera de Chile has a 5-year option to explore and earn an 80% interest in the Calvario and Mirador projects.

But the iron ore price surge won't last says new survey of commodity analysts.

Mongolia has emerged as an investment hot spot for untapped reserves.

The company has drilled its longest continuous section of mineralization at its Gran Bestia copper-gold deposit,

In 2017, Chile's Superintendency of Environmental Affairs filed a notice saying the campaign violated the country's environmental regulations.

Codelco returns all of its profits to the state and is funded by a mix of capitalization and debt.