Mining

Chile's FNE and antitrust bodies from China, Brazil, and South Korea have approved the joint Andina-Los Bronces mining plan between Codelco and Anglo American. The deal, signed in February 2025, will enable 120,000 additional tonnes of fine copper per year from 2030 to 2051. Codelco board chairman Máximo Pacheco said it will unlock greater potential in the mining district.

March 25, 2026 Reported by AI

Indonesia's Finance Minister Purbaya Yudhi Sadewa targets the coal export duty to take effect on April 1, 2026, depending on tomorrow's meeting. The policy, which also covers nickel, has had its rates approved by the President.

A Cochilco study projects seawater will account for 68% of water use in Chile's large-scale copper mining by 2034, up from 41% in 2024. Total water demand will rise from 18.5 m³/s to 20.6 m³/s, as continental water use falls.

March 16, 2026 Reported by AI

Production at Garpenberg mine in Hedemora has been halted after a rockfall and hundreds of subsequent mine tremors over the weekend. Several people were injured, and all employees were evacuated on Saturday. Around 500 workers are now operating above ground.

Liontown Limited held its Q2 2026 earnings call on March 11, 2026, highlighting significant progress at its Kathleen Valley project. The company announced over $208 million in revenue for the half-year, more than double the previous period. CEO Antonino Ottaviano described the period as an inflection point for the business.

March 11, 2026 Reported by AI

In a follow-up to last month's announcement of plans for a nationwide aerial minerals survey, Egypt’s Petroleum and Mineral Resources Minister Karim Badawi reviewed progress with the Mineral Resources and Mining Industries Authority, confirming cabinet approval to contract X-Calibur for the key 2026 project and advancing a digital portal for mining investments.