Chile mining minister sees copper ‘production slump’ reversing
Mining News Pro - Chile’s copper production should pick up in the coming years after a recent slump, mining minister Marcela Hernando told Reuters on Thursday, adding that dialogue with mining firms over planned tax and royalty changes was helping ease industry concerns.
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Chile mining companies say there is limited room to hike taxes
Mining News Pro - Chilean mining firms believe there is room to raise taxes in the world’s top copper-producing nation, but caution that any hikes should strike a balance to avoid scaring away investments, El Mercurio newspaper reported on Saturday.
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Chile mining activity up as non-mining activity plunges
Mining News Pro - Chile’s economic activity fell 12.4% in June from the same month a year ago, the central bank said on Monday, contracting less than expected at the peak of the coronavirus outbreak.
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Chile mining trade group sees copper supply glut of 200,000 tonnes in 2020
Mining News Pro - The copper market will see a supply glut of 200,000 tonnes this year as the economic impact of coronavirus hits global demand for the metal, a Chilean industry group told Reuters.
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Chile mining activity, copper production fall amid protests
Mining News Pro - Chilean mining activity fell 7.1% in November, government data showed on Tuesday, plagued in part by operational issues at major mines during a tumultuous month of protests, road and port blockades and worker strikes in the South American nation.
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Chile mining sector continues to lag on growth
Mining News Pro - Chile’s economic activity rose 2.3% in May from the same month a year ago, the central bank said on Friday, as the top copper producer´s crucial mining sector continued to lag.
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Chile mining sector to see $60 billion in investment over next decade
Mining News Pro - The worlds largest producers of copper are forecasting mining investments of more than $60 billion over the next decade.
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