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  • Codelco upgrades Chuquicamata smelter 2016-10-21
    New green technology installed at huge Chile mine
  • Chile's Codelco says two die in accident at Chuquicamata mine 2016-08-30
    Two workers died in an accident on Tuesday at Chilean state-owned miner Codelco's massive Chuquicamata mine, the company said, prompting the world's No 1 copper producer to halt mining activities there.
  • Chile environmental authority OKs $5.4bn Codelco project 2016-01-14
    World No 1 copper producer Codelco said on Wednesday that Chilean environmental authorities approved its $5.4-billion Radomiro Tomic sulfides project, a key part of the state-owned company's plans to boost production. Codelco will build a 200 000 t/d concentrator and a 1 600 l/s sea-water desalinisation plant that will allow the new project, located in Chile's arid Atacama desert, to operate without the use of fresh water.
  • Codelco sees official opening of Ministro Hales mine soon – source 2015-06-24
    World No 1 copper producer Codelco will officially open its newest mine, Ministro Hales, in the coming months, after fixes on a problematic production unit, a source close to the company told Reuters on Wednesday. Ministro Hales in northern Chile began mining at the end of 2013 but its ramp-up to full production has been slowed by problems at a roaster, designed to reduce levels of arsenic in the copper ore to make it ready for use in traditional smelters.

Related News

  • Riverside Samples Up to 1.47% Copper at the Thor Porphyry Copper Project, Sonora, Mexico and Begins Next Stage of Exploration 2016-09-20

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 20, 2016) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) is pleased to provide an exploration update for ongoing work at the Thor Project (the "Project") in Sonora, Mexico. Thor was staked by Riverside as part of the Company's copper porphyry exploration alliance (the "Alliance") with a wholly owned subsidiary of Antofagasta Plc. ("Antofagasta"). The Thor Project is being advanced as a Designated Project ("DP"), with Antofagasta having the opportunity to earn a 65% interest by funding $5,000,000 in exploration over four (4) years (see Riverside's press release April 13, 2015). Riverside has received mineral title and signed access agreements. Company geologists, working in close collaboration with Antofagasta geologists, have completed initial detailed field mapping, prospecting and rock chip sampling. Results to-date are promising and have resulted in drill targets being defined, with initial drill testing now planned. This most recent phase of exploration was designed to work up target areas on the southern portion of the property.

  • Years-long copper glut can still flush out deals for Antofagasta 2016-09-16
    As metals from silver to zinc rally, copper is stuck in a glut that will probably last another two or three years, and that may flush out bargains, according to Antofagasta. Until now, the copper miner controlled by Chile’s wealthiest family hasn’t seen opportunities that are attractive enough coming to market as producers cut costs and hold on for a recovery in prices, CEO Ivan Arriagada said in an interview in Buenos Aires Wednesday.
  • Chile's Antofagasta reaches output capacity at Antucoya copper mine 2016-09-06
    London-listed Antofagasta's Antucoya copper mine reached its full monthly production capacity of 7 000 t of copper in August, chief executive Ivan Arriagada said at a mining conference on Tuesday. "I'm happy to announce that in August it (the Antucoya mine) reached its nominal monthly production capacity," said Arriagada.
  • Chile Antofagasta's CEO sees 2017 capex of $800m 2016-09-06
    Chile-based Antofagasta will see about $800-million in capital expenditures in 2017, the chief executive of the London-listed copper miner told journalists on the sidelines of a mining conference on Tuesday. Antofagasta CEO Ivan Arriagada added that the company has already achieved about 75% of the $160-million in savings it had planned for this year, adding that the 2017 costs savings target will likely to be in line with this year's target.
  • Antofagasta begins approval process for Los Pelambres mine investment 2016-05-02
    SAntofogasta Minerals, the Chilean subsidiary of Antofagasta, said on Monday that it was submitting a $1.1-billion investment plan at its Los Pelambres mine to environmental regulators for approval. In a press release, the company said the project would allow Los Pelambres to maintain its annual copper production at about 400 000 t.

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