Search news
Codelco called an extraordinary shareholders' meeting for November 5 over production errors
The Ministries of Finance and Mining requested the meeting after ore was found to have been counted twice at Ministro Hales and Salvador, a case for which official figures are still unavailable.
Government requests extraordinary Codelco shareholders’ meeting over double-counted production
The Finance and Mining ministries want explanations for ore counted twice at Ministro Hales and Salvador; the meeting could take place in November.
Minister Mas rules out selling Codelco and signals more partnerships with private companies
The government seeks fresh capital and new mines for the state-owned copper company, which will present its investment plan in November.
Chilean mining faces 17.4% drop, strikes and a new complaint at Codelco
Falling output, a strike at Centinela and risk at Escondida, three workers killed and questionable figures at Codelco are putting pressure on Chilean copper.
Mining Committee to request reports from Codelco and Sernageomin over deaths at El Teniente
Deputies seek to establish responsibility for the deaths of two contractors at El Teniente and warn they will demand the toughest penalties if negligence is found.
Codelco opens Senior Public Management selection process to replace two of its nine directors
Eduardo Bitrán and Ricardo Álvarez will leave the state-owned copper company's board in May 2027, and applications close on October 26.
Codelco investigates possible double counting of copper at Ministro Hales and Salvador
KPMG will review production for 2024 and 2025, and EY will audit the duplications detected after complaints received by the state-owned copper company.
Codelco investigates double-counting of copper at Ministro Hales and Salvador
The state-owned company commissioned EY to carry out an external audit and handed information to the Fiscalía over possible duplications in its 2024 and 2025 output.
Muere trabajador en Radomiro Tomic y gremio del cobre declara alerta nacionalIn Spanish
La FTC acusó deficiencias operacionales en Codelco tras la muerte de un mantenedor contratista, segundo deceso minero en Antofagasta en ocho días.In Spanish
Chile’s copper production falls 7.5% between January and August as 8 of 12 mining companies report declines
Escondida, Codelco and Centinela lead the decline in copper mining in 2026, alongside metal prices above US$ 6.60 per pound.
Economy and Mining Minister Mas forecasts 2027 will be the year of growth and jobs
The economy and mining minister set a target of 100 thousand jobs by March 2027 and called for a thorough investigation into Codelco's production figures.
Government to increase mining safety budget after 13 deaths in 2026
Sernageomin aims to conduct 13 thousand inspections a year by the end of 2027, although the government has yet to say how much funding it will add.
Sernageomin does not rule out closing mining operations after 13 worker deaths in 2026
Seven of the deaths have occurred since September 23, and the regulator points to companies and budget cuts.
Chile has 32,235 mining exploration concessions, but few become mines
The last new large-scale copper mine began operating in 2017, and 77 of the 235 prospects registered by the Chilean Copper Commission are stalled due to a lack of funding.
Gemines expects Chile to end 2026 with no growth and high unemployment
The consultancy projects a rebound of more than 3% in 2027, but warns that the gap between labor costs and productivity will hold back employment.
Dollar falls below $980 after the holiday as Chilean mining draws attention
The dispute at Escondida, the landslide at El Teniente and the strike at Centinela are supporting copper prices and the Chilean peso.
Government says 2026 will be about "getting the economy in order" as growth falls below 1%
The IMF lowered its forecast for Chile from 2.4% to 0.6%, and Minister of Economy and Mining Daniel Mas promises that 2027 will bring more growth and jobs.
Hacienda, Chile's Finance Ministry, cuts its 2026 growth forecast to 0.7% and looks to copper
El ministro Jorge Quiroz atribuye el freno a la menor producción de cobre, el alza del petróleo, El Niño y un desempleo sobre 8% por 44 meses.In Spanish
Wealth Minerals prepares US$ 4,000 million lithium project in the Atacama salt flat
The Canadian company estimates nearly US$ 4,000 million for Yapuckuta, a project still at a very early stage that it wants to develop with state-owned Coal India.
Imacec cae 1% en agosto y bancos ven probable un PIB negativo en 2026In Spanish
Scotiabank, Goldman Sachs y Gemines bajaron sus proyecciones tras el desplome minero, y Hacienda no descarta que la economía cierre el año en rojo.In Spanish