Browsing Tag
Chile
83 posts
Teck Resources profit reaches C$1.59 billion as copper prices surge, but Quebrada Blanca remains volatile
Teck Resources has delivered sharply higher third-quarter earnings and cash flow as copper prices and by-product revenue improved, although its Quebrada Blanca operation remains exposed to weather and processing constraints while the proposed Anglo American merger progresses.
BHP copper drops 19% as Jansen and iron ore offset Q1 weakness
BHP's September-quarter copper production fell 19% as lower grades, maintenance and temporary disruptions affected major assets, but record Western Australia Iron Ore operations, sharply higher copper prices and an 87%-complete Jansen project keep the wider FY27 roadmap intact.
BHP copper output falls 19% as iron ore production rises and Escondida investment advances
BHP has maintained its FY27 production guidance despite lower copper output at Escondida and operational disruption in South Australia, while stronger Pilbara iron ore performance and investment in future copper capacity remain central to its growth strategy.
Algonquin to sell 64% Suralis stake for $126.5m as $3.2bn regulated utility plan absorbs capital
Algonquin Power & Utilities has agreed to sell its roughly 64% stake in Chilean water utility Suralis for $126.5 million plus up to $1.5 million of earnout consideration, using proceeds for debt reduction and its $3.2 billion regulated capital plan.
Austral Gold profit jumped 1,296%. Why has Jorge Sanguin been put in charge of operations now?
Austral Gold has appointed Jorge Sanguin as senior vice president of operations just days after reporting US$66.6 million in half-year revenue and US$15.5 million in profit.
Montero Mining (TSXV: MON) plans C$2.2m raise with 4m new shares for Elvira drilling
The proposed four-million-unit financing equals 47% of Montero’s current basic share count and could create another two million shares through warrants if fully subscribed and exercised.
SANY’s SKT110Ei enters South America as Chinese mining automation takes on entrenched rivals
SANY’s first South American SKT110Ei shipment combines electric autonomous trucks, cloud dispatching and mine-site support, but the undisclosed customer and fleet size leave the commercial scale of the breakthrough to be proven.
SQM shares rise as record lithium sales drive Q2 revenue to $2.47bn
SQM Q2 profit surged 646% as lithium revenue quadrupled and demand topped 2.1M tonnes. See why the lithium recovery is gaining momentum.
Aramco and Ma’aden sign shareholders agreement for Zone-4 copper exploration
Aramco and Ma'aden signed a Zone-4 shareholders agreement covering 10% of Saudi Arabia, quietly pivoting the JV from lithium to copper and rare earths.
Antofagasta (LSE: ANTO) profit jumps 27%, but copper output cut exposes the risk behind record prices
Antofagasta plc delivered a 27% jump in first-half EBITDA and doubled its interim dividend, but a weather-driven Los Pelambres disruption has cut 2026 copper guidance just as higher prices make every lost tonne more valuable.