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.
The country's Constitutional Court upheld a lower court ruling cancelling the environmental permit for the Rio Magdalena project, which covers most of the Los Cedros natural reserve.
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.
This was the fifth round of a larger tender process and it involved a total of 4,500 tenements of which 1,123 were purchased in the public offering stage.