The costs of large copper mining in Chili maintained their upward trend in the first half of the year due to lower production and an increase in services, a report from the state Chilean Commission of the Copper (Cochilco). In its cost observatory for the first semester, the agency indicated that the direct cost reached […]
Tag: mining
Copper production grew 7.5% in August: gold, iron, tin, zinc and lead also rose
The production of copper led the progress of most metals in our country in the month of August and advanced 7.5% compared to the same month of the previous year, reported the Ministry of Energy and Mines (Minem). The Mining Statistical Bulletin (BEM) for the month in question indicates that the year-on-year increases were especially […]
Mining and hydrocarbon production grew more than 5% in August 2023
He mining and hydrocarbons sector increased 5.17% in August 2023 due to the positive result of mining-metal activities (4.63%) and hydrocarbons (9.08%), reported the National Institute of Statistics and Informatics (INEI) in the technical report ‘Conjunctural advance of economic activity’. This result was influenced by the higher production volume of copper (7.5%), zinc (6.8%), gold […]
Miguel Cardozo: There will be 30 years of good copper prices; Not taking advantage of them would be collective suicide
Perumin 36 culminated in Arequipa. This meeting brought together the main Mining companies that extract metals in Peruvian territory. In this interview, Miguel Cardozo confirms that the world will demand a lot copper, mineral declared critical and whose important reserves are only in Peru and Chile. However, he affirms that there are several projects that […]
Peru has the copper that the world needs for the energy transition
Copper is a critical resource. In the medium term, the demand for this mineral will grow exponentially. Today, global mining production amounts to 12 million tons. By 2035, demand will probably double. This raw material is used to manufacture electric cars, panels that capture energy from the sun, etc. There is a decarbonization of the […]
PCM assures that “its hand will not shake” to defend mining investment from protests
During his participation in Perumin 2023, the president of the Council of Ministers, Alberto Otarolaassured that “they will not allow the country to fall into chaos and insecurity” to the detriment of private investment, especially mining. In a year in which private investment is expected to fall 18.1% and business expectations continue to deteriorate, Otárola […]
Government affirms desire for Tía María to become viable
A new edition of the Perumin 36 mining convention began yesterday in Arequipa. Although there was much speculation in the anteroom about the arrival of the President of the Republic, Dina Boluarte, this ultimately did not happen. Representing the Government was the head of the Ministry of Energy and Mines (Minem), Óscar Vera Gargurevich, who […]
Pan American Silver completes the sale to Glencore of its stake in an Argentine mine
The Canadian mining company Pan American Silver reported this Monday that it has completed the sale to the Swiss company Glencore of its 56.25% stake in the mining project of copper and gold MARA, in the northern Argentine province of Catamarca. Pan American Silver said in a statement that Glencore paid it $475 million in […]
Perumin: more than 60,000 people will mobilize through the Arequipa airport for the mining convention
Before the start of the Perumin 36 Mining Convention in Arequipa, More than 60,000 people are expected to move through the Alfredo Rodríguez Ballón Airport. This would occur through 388 airport operations scheduled before, during and after the event, he reported. Andean Airports of Peru (AAP). Between September 25 and 29, the period in which […]
Ecuadorian among the few women operating heavy mining machinery in South America
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Mother of a one-year-old little girl, Ecuadorian Maritza Reyes went from being a secretary to becoming one of the few women operators of machinery mining heavy in South America, work carried out tens of meters below land in the mine gold largest in his country. 30 years old, Maritza operates the machinery called “Jumbo”, a […]