Chile hopes SQM-Codelco deal to proceed as planned, finance minister says

The arrangement would see Codelco take a majority stake in SQM’s Atacama salt flat assets in exchange for 30 more years of operations.

Bloomberg News | May 31, 2024 | 3:15 am

Rio Tinto to keep New Zealand aluminum smelter running for another 20 years

The new electricity arrangements include demand response agreements under which NZAS may be requested to reduce electricity consumption by up to a total of 185MW.

Staff Writer | May 30, 2024 | 3:49 pm

Head of Codelco’s Chuquicamata mine to leave company

Christian Caviedes will be replaced on an interim basis by the mine's operations manager, Rene Galleguillos.

Reuters | May 30, 2024 | 3:40 pm

Probe Gold to raise $11 million for Quebec exploration

Probe will use the net proceeds for its flagship Novador gold project located in the Val-d’Or mining camp of Quebec.

Staff Writer | May 30, 2024 | 2:26 pm

Investors relieved BHP walked from $49 billion Anglo takeover deal

BHP’s timing was good but the complexity of the deal requiring demergers and a copper price rally made it difficult to execute, investment officer said.

Reuters | May 30, 2024 | 11:59 am

Chile’s ENAMI aims to break ground on first lithium project by 2028

ENAMI this month launched a search for a private partner to offer financial backing or operational support for the project at three salt flats.

Reuters | May 30, 2024 | 11:02 am

Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says

It is said that Anglo's five operating coal mines, development projects and joint ventures in Australia have sparked "more interest" over the past weeks.

Reuters | May 30, 2024 | 10:35 am