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Category: Chile

  • Initial Drill Results Prove Significant Polymetallic Mineralization at Mirasol’s Flagship Sobek Gold-Copper Project in the Vicuña District, Chile

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    Investor Empires

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Mar 02, 2025  •  11 minute…

  • Chile Holds Interest Rate at 5% in First Easing Pause Since July

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    Investor Empires

    (Bloomberg) – The Central Bank in Chile stopped the reductions of interest rates and left all options on the table for future borrowing cost adjustments, noting the increasing uncertainty as well as the risks of local and global inflation. Most of them read from Bloomberg Policymakers led by Rosana Costa…

  • Union at BHP’s Escondida copper mine in Chile signs new deal, ending risk of strike By Reuters

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    Investor Empires

    SANTIAGO (Reuters) – The union of workers at Chile’s Escondida mine, the world’s largest, signed a deal on Sunday with BHP, ending a strike that could have threatened global supplies of the red metal. The three-year deal includes changes to working conditions such as “initiatives to improve shift changes, increase…

  • Freeport McMoran eyes $7.5B expansion of El Abra copper mine in Chile (NYSE:FCX)

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    Investor Empires

    SimoneN/iStock via Getty Images Freeport McMoRanNYSE: FXX) Plan for Spent about $7.5 billion to expand the copper mine in Abra A project in Chile is expected to take seven to eight years to develop due to permitting requirements, Sonnet Chief Executive Kathleen Quirk said Tuesday, according to Reuters. In profits…

  • Gold Fields cuts production guidance after severe winter weather in Chile (NYSE:GFI)

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    Investor Empires

    Moussa81/iStock via Getty Images gold fields (New York Stock Exchange: GFI) -8.4% Pre-market Thursday after Cut production guidance for the full year Due to worse than expected winter weather in Chile, limiting the intensification of the new Salares Norte project. Gold Fields (GFI) said it now expects production This year…

  • Chile gives Albemarle option to boost lithium quota by 240,000 metric tons By Reuters

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    Investorempires.com

    SANTIAGO (Reuters) – Chile’s economic development agency Corvo said on Wednesday it had reached an agreement with… Albemarle (NYSE:) to establish an option for the US company to increase its production quota by 240,000 metric tons of lithium metal equivalent (LME). This increase would raise Albermarle’s production share by approximately…

  • The Curious Case of Chile and the Central Bank Digital Currency

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    bitlyfool

    In the ever-shifting sands of global finance, a strange development has emerged from the South American nation of Chile. Banco Central de Chile, the country’s central bank, Recently published a report on central bank digital currencies – an emerging technology that has the potential to reshape the way money flows.…