The share auction was organized in Delaware to pay creditors including oil producer ConocoPhillips and miners Rusoro, Crystallex and Gold Reserve.

The Chilean state behemoth struggles to maintain its status as the world’s top copper supplier.

The net proceeds will be used primarily for exploration and infill drilling at the project and for regional exploration.

The sanctions, which target three of Nazar Mohamed's companies as well as a Guyanese government official.

The company has decided to "split" the project by submitting two separate EIAs that collectively cover the full life of the project.

A group of locals has requested a provincial judge to scrap the environmental permit for the miners’ Curipamba-El Domo copper-gold project.

El Teniente’s first-half production is tracking lower than the same period last year as it repairs areas of the underground operation affected by the collapse last June.

Despite the suspension, the company said it still expects to achieve its budgeted production in the third quarter.