Page 7 - Codelco News Today

Australian mining group BHP has launched a R650bn takeover bid for SA’s 107-year-old one-time global giant Anglo American.

INTAG VALLEY, Ecuador — In Ecuador’s lush tropical Andes, Silvia Vetancourt multitasks, her hands maneuvering crochet needles with swift precision as she navigates the rocky path to the old town of Plaza Gutierrez. “We like this craft because it’s mobile,” she says, holding out a piece of a small coin purse she’s been working on […]

Heightened demand for net zero minerals could trigger a wave of dealmaking in mining

Multinational miner BHP's bid for Anglo American may not be enough as other miners are likely to make rival bids for copper assets. Global demand for copper is expected to increase for clean energy.

Australian multinational miner BHP Groups (NYSE:BHP) nearly $40 billion bid for rival Anglo American (OTC: NGLOY) may not be enough to ...

Mining Engineering Online

CODELCO CHAIRMAN SAYS CHILE GOVT WILL RECEIVE 85% OF ASSOCIATED BENEFITS FROM PROPOSED SQM LITHIUM DEAL AS OF 2031 ... -April 23, 2024 at 09:07 pm EDT - MarketScreener

Chiles government is expected to receive 85% of associated benefits including taxes and lease payments from a planned partnership between state-run copper miner Codelco and lithium company SQM... -April 23, 2024 at 09:07 pm EDT - MarketScreener

The Chilean government has announced details of its lithium production expansion plan. The overall goal is to increase Chile's current lithium production of 250,000 tons by 70% and double the output within the next ten years by 2030. The plan lists the Salar de Atacama and Salar de Maricunga as strategic salt flats where the state must have a majority controlling position. Development and cooperation at these two salt flats will be led by Codelco. Codelco has already formed a partnership wi...

Lured by copper, major miners drawn to Quesnel Trough and Golden Triangle