Chile's government must quickly approve a proposal to streamline permitting for the mining industry in order to unlock investment in the world's top copper-producing country, BHP (NYSE:BHP ...
Chile, the world's top copper producer, earlier this month sued BHP, among other miners, over alleged environmental damages caused by its operations in the Atacama salt flats. The road blockades ...
State and federal approval for a mine can take more than a decade, compared to an average of a few years in Canada and Australia, which have large mining sectors. #miningnews https://lnkd.in ...
Chile to streamline mine permit process . ... 4 Apr 2024 / Bhargav Acharya, Reuters. Copper rises to 14-month high as Powell affirms Fed rate stance. 4 …
Photo by Bloomberg. Alaska Governor Mike Dunleavy called on President Joe Biden on Wednesday to update and streamline the US mine permitting process in order to boost domestic production of ...
Trump officials are also on the verge of approving several mining projects, or significantly advancing their regulatory review process. One of those, the Lithium Americas Thacker Pass project in ...
Chile's state-owned Codelco, the world's largest copper producer, submitted on Tuesday a request for an environmental permit to extend the useful life of its Ministro Hales mine with a $2.5 ...
Beginning in 2024, mining royalties will rise to a range of 8% to 26% of operating margin from the current range of 5% to 14%. There will also be a 1% ad valorem tax based on sales for miners that ...
Mar 21, 2024 - 4:49 PM. Reuters. Alaska Governor Mike Dunleavy called on President Joe Biden on Wednesday to update and streamline the US mine permitting process in order to boost domestic production of critical minerals and reduce dependence on foreign nations. The push echoes calls from the mining industry for clarity on how permits can be ...
Almost 80 mining projects involving US$22bn are currently waiting for approval of permits from Chilean authorities, according to an official. The permits need …
August 31, 20211:38 PM PDTUpdated 3 years ago. SANTIAGO, Aug 31 (Reuters) - Chile has outlined plans to require miners in the country to increase traceability, slash water use amid a prolonged ...
Chile is close to achieving a consensus on how much to hike royalties in the mining sector, Mining Minister Marcela Hernando said on Tuesday, a decision that could have a significant impact on ...
The authority said Tuesday that Teck risks a fine of up to $7.6 billion pesos ($8m) for not finishing construction of an infiltration capture system at the project known as "Andacollo Cobre ...
Apr 16, 202409:46 PDT. BHP. Chile's government needs to quickly approve a proposal to streamline permitting for the mining industry to unlock and promote investment in the world's top copper-producing country, a top executives said on Tuesday. "In Chile it is urgent to improve the permit system to allow companies to approve large investment ...
Written by Ian Cardenas, Paralegal In an effort to catalyse economic growth and attract investment, the Chilean Government has unveiled two landmark bills poised to …
Written by Ian Cardenas, Paralegal In an effort to catalyse economic growth and attract investment, the Chilean Government has unveiled two landmark bills poised to revolutionise the country's permitting landscape. Among these, the Legislative Framework for Sectoral Authorisations, colloquially known as the 'Intelligent Permit System,' and the …
Chile's Mining Council, which comprises large private firms, estimates this will ultimately boost the average tax rate of 44.7%, exceeding the top of the range of 38-to-44% in competing ...
SANTIAGO (Reuters) - Teck Resources Ltd said on Wednesday it had received regulatory approval for its $4.8 billion Phase 2 project at its Quebrada Blanca copper mine in northern Chile, a sprawling ...
Mining Recommends Eldorado Gold files updated reports on Olympias and Efemcukuru Olympias produced 67,133 gold ounces in 2023 and Efemcukuru …
Chile's state-run miner has made progress in negotiating with local communities over lithium mining and will keep working to win their support, Chief Executive Ruben Alvarado said. Reuters ...
* Says delays possible on build out of Codelco megaprojects LONDON, Oct 22 (Reuters) - Chile's mining minister said she is working to streamline the …
The US Forest Service plans to re-publish an environmental report before July that will set in motion a land swap between the US government and Rio Tinto, allowing the mining giant to develop the ...
In 2000, the average capital needed for a new copper mine sat between $4,000-5,000 to produce a tonne of copper. By 2012, this had risen to $10,000 per tonne, and recent analyses pegged current ...
The push echoes calls from the mining industry for clarity on how permits can be obtained for mines that produce copper, lithium and other energy transition minerals. Executives have long complained the U.S. process can be complex, expensive and opaque due in part to a federal mining law enacted in 1872.
JAKARTA, Aug 9 (Reuters) - Indonesia launched on Monday a website to process investment permits, which the government hailed as an important milestone in reforms aimed at making it easier and ...
Chilean lawmakers to launch Codelco probe amid extended copper slide Reuters | August 24, 2023 | 10:05 am Intelligence Latin America Copper Chuquicamata mine, Chile.
SANTIAGO, Sept 13 (Reuters) - Indigenous communities living around Chile's Atacama salt flat have asked authorities to suspend lithium miner SQM's (SQMA.SN) operating permits or sharply reduce its ...
Exclusive: Chile settles dispute with Albemarle over ... Apr 23, 2021· Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp, according to a letter viewed by Reuters, defusing a spat that may have led to the suspension of the company's permit to expand its operations in Chile.
Chile's government must quickly approve a proposal to streamline permitting for the mining industry in order to unlock investment in the world's top copper-producing …
July 13, 2023, at 7:18 a.m. Chile Miners, Facing Higher Taxes, Seek Faster Permits, Lower Energy Costs. More. Reuters. FILE PHOTO: A mining truck is seen during an industry …
El Soldado produced 47,000 tonnes of copper in 2016, making it relatively small by Chilean standards. The mine is part of the Anglo American Sur complex, in which Chile's state-run Codelco [COBRE ...
Chile's Mining Council, which comprises large private firms, estimates this will ultimately boost the average tax rate of 44.7%, exceeding the top of the range of 38 …
LMEWEEK-Chile to streamline mine permit process | Financial News. Home. Home. About Us; Advertise With Us; What's New; Share Prices. ... Eurasia Mining (EUA) 375; Dg Innovate (DGI) 229; Helium One ...
(By: Reuters. Geologist José Cabello of consulting firm Mineralium said the Atacama and Maricunga salt flats host combined lithium potential of 10.8 million tonnes, corresponding to 64% of global ...
"We want the politics to be out of the permit review process and let the facts, the science and the truth be the determinant as to whether a mine moves forward," said Representative Pete Stauber ...
FILE PHOTO: Environmental activists react after Chile's committee of ministers denied permits for Andes Iron's Dominga copper and iron mining project, in Santiago, Chile, January 18, 2023.
Teck holds a 60% stake in Quebrada Blanca, while 30% is jointly controlled by Sumitomo Metal Mining and Sumitomo Corp. Chilean state-run Enami holds the remaining 10% stake.
39,000+. 95,000+. With a large majority, the initiative that postpones until January 2024 the entry into force of a law that changes the Chilean mining system was …
Credit: Sonami. Chile's government and mining industry continued to disagree over a proposed mining royalty bill on Wednesday despite recent adjustments. The government had on Tuesday announced ...
In Chile, the modification adds marginal rates starting at 15% on sales derived from copper prices of between $2 and $2.50 a pound and as much as 75% when prices exceed $4. At current levels, the ...