chile

World’s largest copper producer Codelco brings AI to its mines

The Chilean state-owned miner has signed a deal with Uptake, a provider of artificial intelligence (AI) and Internet of Things software, to to monitor the health of mining equipment and ensure operations run efficiently.

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Antofagasta expects copper deficit of up to 300,000 tonnes this year

The Chilean miner expects demand to outstrip supply in 2019 as consumption growth remains positive, but production increases continue to be minimal.

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Chile’s Supreme Court revokes ruling permanently closing Barrick’s Pascua-Lama mine

Barrick said that although the ruling was not helpful because it just delays a decision on the future of its Pascua-Lama project, the company remains focused on resolving the legal and environmental issues around the project.

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Polish Audit Office blasts KGHM acquisition of Chilean copper mine

The body, which looks into the way the Polish state operates and how it spends public funds, says the company has spent more than $5.2B in three years in the underperforming Sierra Gorda mine.

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