Latest Chile Mining News

Cobre Limited has completed a $60 million capital raise to acquire majority ownership of the Sierra Atacama Copper Mine in Chile, marking its transition from explorer to producer. Meanwhile, substantial shareholder Sinomine has increased its investment in Cobre’s Botswana copper project.

Capstone Copper Corp. has been hit by a strike at its Mantoverde mine in Chile, with Union #2 representing 22% of the workforce initiating industrial action that could reduce production by up to 30%. The company is committed to resolving the dispute through dialogue while maintaining safe operations.

Culpeo Minerals reports significant progress in copper exploration across Chile with promising drilling results and a strategic acquisition of the Jupiter Project.

Lodestar Minerals has wrapped up its inaugural 16-hole RC drilling campaign at the Darwin IOCG project in northern Chile, targeting high-grade copper and gold mineralisation. Assay results are eagerly awaited, with some samples fast-tracked for early analysis.