Chile Mining News Andmentary Mining

New projects take mining investment in Chile by 2029 to …

On Wednesday, the Mining Ministry and the Chilean Copper Commission (COCHILCO) released a report on "Investment in the Chilean mining Industry - Portfolio of Projects, 2020-2029". It identifies five new projects which, together with adjustments to other initiatives, point to a total investment in the sector of US$74,047 million.

Exponor 2024: Shaping the Future of Mining in Chile setting

Chile, a mining powerhouse, hosts the anticipated Exponor 2024, which will take place in Antofagasta, a pivotal gathering for industry leaders, experts, and stakeholders, promising significant insights. Date and Venue: Exponor 2024 is scheduled to be held from Antofagasta, north of Chile on June 3 and 6.

Chile | Nine most relevant changes to the mining legal …

Article 45, paragraph 2 of the Mining Code allowed, in the case of mining manifestations of a group of belongings not exceeding 100 hectares, the description of the point of interest indicating its most important signs. precise details and characteristics, the name of the property or mineral seat and the province where it was located.

Chile Mining News

Chile Mining News - Junior Mining Network. June 27, 2024. Camino and Nittetsu Secure Exclusive Rights to Negotiate Copper Mine Acquisition in Chile.

Chile extends suspension at Gold Fields mine amid …

Rock dismantling activities are suspended for a further 120 days. Chinchillas prove to be a consistent hurdle for Gold Field's Salares Norte project. Credit: SMA. Chile's Superintendence of the Environment (SMA) extended the suspension of rock dismantling activities at Gold Fields' Salares Norte project to protect the local chinchilla population.

Global Business Reports

Mining. Chile. August 25, 2022. Chile is at an inflection point in its history as the country prepares to vote on the final draft of its new constitution on September 4th. As the world's largest producer of copper and second largest producer of lithium, what happens in Chile impacts the global mining business.

Chile: Congress approves bill on new mining royalty

May 31, 2023. The Chilean Congress on 17 May 2023 approved the mining royalty bill, which will become law in Chile following its enactment and publication in the official gazette. The new mining royalty replaces the current tax system and the mining specific tax (MST) applicable on mining income, creating a new regulatory tax framework for the ...

Modification to Chile's mining legal framework

This change introduces the largest number of modifications to the mining legal framework in recent times. On December 30, 2023, Law No. 21,649 was published in the Diario Oficial amending the law that reduces or eliminates tax exemptions, whose entry into force was postponed in part by Law No. 21,536, the Mining Code, the Constitutional …

Chile mining industry must improve safety …

Statue in Calama, mining town in Northern Chile near the Chuquicamata Copper Mines. (Credit: Phil Whitehouse – Flickr ) Chile's mining industry must improve its safety protocols to avoid fatal ...

Chilean mining industry leads digital transformation

Mining Digitalization in Chile. The mining sector is mainly located in the Norte Grande area and uses social networks for around 88% of its purchases and sales, according to these parameters. Digital marketing rose from 46% to 80%. E-commerce increased from 21% to 32%. Cloud-based supporting technologies rose from 75% in 2021 to 94% in …

Global Business Reports

Mining. Chile. August 18, 2023. The first half of 2023 was a transformative period for the Chilean mining industry. On May 10th, the Chilean legislature approved the new royalty bill, defining the latest state of taxation for the mining industry. Additionally, after years of delay, the government announced the new National Lithium Strategy ...

Chile is in for a mining boom. Could a new constitution …

According to Herrera, such a recognition would make it easier for the Chilean government to protect the sanctity of the country's wetlands and salt flats — where most of Chile's lithium is extracted — either by banning mining in the most sensitive areas or by imposing much stricter environmental regulations.

Chile aims to have four new lithium projects running by 2026

Credit: Alberto Loyo via Shutterstock. Chile wants to have three or four new lithium projects operational by 2026, according to the nation's Minister of Finance, Mario Marcel. Last year, the South American country, the world's largest producer of copper and second-largest producer of lithium, launched its National Strategy for Lithium.

Lithium Chile farms out four properties to Eramet

Shares of Lithium Chile fell by 2.9% to C$0.67 by 3:20 p.m. ET Tuesday, for a market capitalization of C$138.2 million ($101.6m). The stock traded between C$0.47 and C$1.13 over the past 52 weeks ...

Global Business Reports

Chile Mining 2024 Pre-Release. Mining. Chile. May 22, 2024. The Chilean mining renaissance has begun. In 2024, the country is set to experience its first increase in copper production since 2018, driven by Codelco's production surge and Teck Resources' Quebrada Blanca II coming online. This year also saw the first major regulatory update ...