MINING.COM

Teck Resources may raise value of Zafranal copper project in Peru to over $2 billion

The facility is expected to produce at least 1.5 million tonnes of copper over about 19 years.

Reuters | September 28, 2022 | 4:15 pm

Peru targets local lithium battery production, official says

Peru currently produces no lithium and no country in Latin America produces lithium batteries at a commercial scale even if they do mine lithium.

Reuters | September 28, 2022 | 12:29 pm

BHP sees Chile uncertainties easing in investment climate boost

BHP, which operates the world’s biggest copper mine in Chile, has dangled $10 billion to develop more resources in the country if those uncertainties are finally resolved.

Bloomberg News | September 27, 2022 | 4:49 pm

MMG expects to invest $2 billion in troubled Las Bambas copper mine in Peru

One of the world's largest copper mines has suffered recurrent disruptions from indigenous Peruvian communities who say its vast mineral wealth has not translated into better living conditions.

Reuters | September 27, 2022 | 1:55 pm

Revised Colombia tax bill still puts mining investment at risk – industry group

The Colombian Mining Association president said even the modified bill put an undue tax burden on miners, citing what was a 90% effective tax rate.

Reuters | September 27, 2022 | 12:16 pm

Copper production to show “strong and consistent” growth for next decade

New report by Fitch Solutions forecasts over 7 million tonnes will be added to global copper production through 2031 as a raft of projects in Chile, Peru and Congo come online.

Staff Writer | September 27, 2022 | 11:08 am