Hochschild Mining has announced its intention to spin out and list its Chilean rare earth unit Aclara Resources on Toronto Stock Exchange (TSX). London-listed Hochschild said the move would allow it to tap new funding from the clean energy sector for its rare earth deposit while...
South32 has agreed a deal with Sumitomo Metal Mining and Sumitomo Corp for the acquisition of around US$1.5 billion worth of shares in the Sierra Gorda copper mine in Chile. The Japanese sellers, who together hold a 45% stake, had said last year that they were considering exiting...
As mining operations around the world are being suspended or wound down, companies including BHP and Rio Tinto have made pledges to help prevent the spread of COVID19 (coronavirus). On Sunday, BHP launched an US$8 million plan to help mitigate the spread of coronavirus in Chile,...
Copper producers around the world have moved to halt or cut back operations and slow construction projects of the bellwether metal as the global COVID-19 (coronavirus) outbreak continues. In South America, where the bulk of the world’s copper is produced, several mining giants have announced various...
Chilean electricity provider AES Gener has signed a long-term renewable energy supply agreement with Canada’s Lundin Mining Corporation for its Candelaria Mine Complex in Chile. The contract will see AES provide 1,100GWh of clean energy per year to the mining firm’s copper operation for a period...