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Codelco CEO's exit puts copper giant in a bind as output stalls

SANTIAGO - The surprise exit of Chilean mining firm Codelco's CEO will put the state copper giant in a bind, analysts and insider sources said, even as it tries to revive flagging production of the red metal and make a foray into electric-vehicle mineral lithium. The world's largest copper producer said on Tuesday that chief executive officer André Sougarret would step down by the end of August, only a year after he took the role, citing "complexities&qu...
Maximo Pacheco Juan Carlos Guajardo

San Lorenzo Commences Follow Up Drilling Program to Delineate the Recent Discovery Hole Drilled on the Salvadora Porphyry Target

, 15, 2023 - San Lorenzo Gold Corp. , is pleased to announce the commencement of the Phase 4 drilling program on the Caballo Muerto Zone on its Salvadora property in Chile. The Phase 4 program is designed to expand on the discovery hole that was... - Veroeffentlicht am 15.06.2023
Caballo Muerto Iv Region United States Libertador General Bernardoo Higgins Iii Region El Salvador

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Codelco CEO Sougarret to leave role in August

Chile's State-owned Codelco, the world's largest copper producer, announced on Tuesday the resignation of its CEO Andre Sougarret. Sougarret will remain in his post until August 31, according to a company statement. Complexities in managing a state mining company in "current times and circumstances" are among the reasons for Sougarret's resignation cited in the statement.
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