Daina Beth Solomon

Chile's mining investment is expected to reach $104.549 billion from this year through 2034, state-run agency Cochilco said on Thursday, up 26% from last year's forecast.

Chilean authorities in August raised concerns over a large crack and leaks at Teck's flagship Quebrada Blanca copper mine and criticized the miner for not immediately reporting the issues, according to documents reviewed by Reuters.

Chile's state-run copper producer Codelco (COBRE.UL) and Glencore , a Swiss trader and miner, have signed an initial agreement to collaborate on a smelter project in Chile, the companies said on Wednesday.

Chilean miner Codelco and India's Adani Group have signed an agreement for a copper project exploration in Chile, Codelco said in a statement on Friday.

Executives from Chilean lithium producer SQM on Wednesday said they expect lithium demand this year to reach over 1.5 million metric tons, representing 25% growth from 2024.

Chilean lithium producer SQM on Tuesday reported a rise in third-quarter net profit, helped by an improved pricing environment that lifted average lithium prices for the first time in two years.

A planned tie-up between Chilean state copper giant Codelco and local producer SQM to produce lithium has won approval from China's antitrust regulator, the entity said on Monday, paving the way for the joint venture to go into effect.

Bolivia's election of centrist Rodrigo Paz is raising cautious hopes that a more market-friendly leader could pave the way for international investment in the country's ample lithium reserves after years of false starts under two decades of socialist rule.

Benchmark Mineral Intelligence, a UK-based pricing and data research firm for energy transition minerals, has cut at least a fifth of its workforce in recent weeks, said three people familiar with the company.

Chile's mining regulator Sernageomin said on Friday it is investigating the death of a worker at BHP's Escondida, the world's largest copper mine.

Mining operations at Glencore's Lomas Bayas copper mine in Chile are continuing as usual as emergency teams work to put out a fire which broke out in a waste yard, the unit said on Wednesday.

The union for supervisors at Antofagasta's Los Pelambres copper mine in Chile has rejected a contract offer, paving the way for a potential strike if further negotiations fail, the group said on Tuesday.

The world's biggest copper miner, Chile's Codelco (COBRE.UL), has named Gonzalo Lara Skiba as vice president of integrating operations at Andina, a role in which he will spearhead a shared mine plan between Codelco's Andina and Anglo American's Los Bronces.

Miner Aclara Resources expects to spend around $1.3 billion in South America rare earth mines and U.S. processing plants, Executive Vice President Jose Augusto Palma said on Tuesday.

Chilean economic development agency Corfo said on Monday it has submitted to the comptroller's office the terms of a modified lease agreement with lithium producer SQM through 2030, and of a new 2031-2060 lease for a joint venture between SQM and state copper producer Codelco.

The proposed Anglo American-Teck merger has revived long-standing ambitions to share infrastructure at two major mines in northern Chile, but analysts say the plan could face hurdles to gain buy-in from Swiss miner and trader Glencore.

Anglo American and Chile's state-run Codelco have finalised an agreement to jointly operate their neighbouring Chilean copper mines in a deal aimed at generating at least $5 billion from higher production and cost savings, they said on Tuesday.

Chile's state-run mining body ENAMI has received interest from 15 entities, including major miners and traders, to finance a $1.7 billion smelter modernization project, it said in a statement on Monday.

Two recent accidents involving autonomous trucks are raising safety concerns, a workers' union at BHP's Escondida mine in Chile, the world's largest copper mine, said in a statement on Wednesday.

Panama's economy is expected to grow this year as the impact from the closure in late 2023 of First Quantum Minerals' Cobre Panama copper mine fades, and non-mining sectors continue to grow, the International Monetary Fund's executive board said on Monday.