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Chile

Chile is a South American country located along the continent's western edge, bordered by the Pacific Ocean to the west and the Andes mountain range to the east. The capital and largest city is Santiago. With a population of about 19-million, Chile has a diversified economy heavily reliant on mining, particularly copper production. The country is the world's largest copper producer, accounting for roughly a quarter to a third of global supply, with major deposits in the Atacama Desert and other northern regions. Chile's currency is the Chilean peso. The economy also encompasses agriculture, forestry, fishing, wine production and manufacturing. Chile operates as a presidential republic with a strong tradition of democratic governance. The country is a member of the Pacific Alliance, the Organisation for Economic Co-operation and Development and the Asia-Pacific Economic Cooperation forum. Chile achieved independence from Spain in 1818 and has since developed into one of South America's most stable and prosperous nations, though it experienced military dictatorship from 1973 to 1990 before returning to democracy.

Chile Updates


Codelco's El Teniente mine
Chile's Codelco copper giant names Jorge Gomez as new CEO
Updated 7 hours ago By: Reuters

Chile's embattled State copper giant Codelco named Jorge Gomez as its new CEO on Wednesday as the company continues to deal with fallout following a scandal over inflated production figures. In a... 


Gaylor Montmasson-Clair Founding director Southern Transitions
Geopolitics and the Energy Transition
4th June 2026

The intensifying competition among China, the US and other major powers to secure future copper supplies is creating an opportunity for African producer countries to capture greater value from the... 


Rare earths
Aclara reaches enviro milestone ahead of final authorisation for Penco Module project in Chile
1st June 2026 By: Marleny Arnoldi

TSX-listed Aclara Resources has received a consolidated evaluation report from Chile's Environmental Assessment Service, recommending approval of the company's environmental-impact assessment (EIA)... 


Andacollo mine, in Chile
Galantas successfully raises $100m for Chile gold, copper exploration
29th May 2026 By: Marleny Arnoldi

TSX-V-listed Galantas Gold Corporation has completed its previously announced private placement of 181-million units at a price of $0.55 apiece for aggregate gross proceeds of $100-million. Each... 


Copper mineralisation
Lodestar confirms solid backing for $4.7m capital raise for exploration in three regions
27th May 2026 By: Marleny Arnoldi

ASX-listed critical minerals explorer Lodestar Minerals has received firm commitments to raise $4.4-million through a placement, which will drive the company's exploration efforts across the Three... 


Codelco and SQM's lithium joint venture project in Chile
Codelco, SQM budget $3bn for lithium project in Chile
27th May 2026 By: Bloomberg

Chilean mining companies Codelco and SQM are budgeting $3-billion to deploy new extraction technologies at their lithium joint venture in the Atacama Desert. The companies' Novandino Litio... 


An SQM mine
SQM boosts lithium guidance as earnings top estimates
27th May 2026 By: Bloomberg

Chilean copper miner SQM reported a sharp increase in first-quarter profit and raised its lithium sales forecast, betting that robust demand from battery storage systems will keep the market... 


Chile landscape
World Copper to consolidate Chilean assets in spin-out
26th May 2026 By: Marleny Arnoldi

TSX-V-listed World Copper has garnered conditional approval from the stock exchange to spin out its interests in Chilean subsidiaries to a wholly-owned subsidiary of the company, with shareholders... 


Antofagasta's Los Pelambres mine, in Chile
Strong Chile earthquake shakes mining hub, but damage is minimal
26th May 2026 By: Reuters

A strong earthquake struck Chile's important mining region of Antofagasta on Monday afternoon, disrupting operations at some mines but ultimately sparing lives and critical infrastructure,... 


Image of Chile flag and periodic table symbol for copper
Escondida new concentrator project, Chile
22nd May 2026 By: Sheila Barradas

The proposed project aims to replace the production capacity of the plant by installing new capacity to produce 220 000 t/y to 260 000 t/y of copper.  


Image of base metals definition
Collahuasi copper mine debottlenecking project, Chile – update
22nd May 2026 By: Sheila Barradas

The Second Environmental Tribunal intends to set aside the environmental authorisation issued by the Environmental Assessment Service in 2021 to the independently managed Collahuasi copper mine for... 


Copper cathode
EU’s top copper miner KGHM eyes takeovers as global energy shift spurs demand for red metal
21st May 2026 By: Bloomberg

KGHM Polska Miedz SA, the EU’s largest copper producer, plans to expand its footprint abroad as the global shift to cleaner technologies fuels appetite for the red metal. Poland-based KGHM wants... 


Fenix mine area, in Chile
Rio2 achieves milestone quarter with first copper income, gold ramp-up
18th May 2026 By: Marleny Arnoldi

TSX-listed Rio2 delivered a milestone quarter in the three months ended March 31, highlighted by initial cash flows from the Condestable copper mine, in Peru, and the early stages of ramp-up at the... 


Collahuasi copper mine
Anglo, Glencore seek clarification on Collahuasi enviro authorisation
18th May 2026 By: Marleny Arnoldi

Diversified miners Anglo American and Glencore on May 18 acknowledged a ruling made by Chile's Second Environmental Tribunal, which opted to set aside the environmental authorisation issued by the... 


Codelco's offices
Chile taps new chair for copper miner Codelco amid production, debt concerns
15th May 2026 By: Reuters

Chile's government on Thursday tapped Bernardo Fontaine to replace Maximo Pacheco as chairperson of the world's largest copper producer, State-run Codelco, giving the economist and executive a key... 


Codelco's El Teniente mine
Copper output from Chile's Codelco down 10% in March
12th May 2026 By: Reuters

SANTIAGO – Copper production from Chilean State-run miner Codelco fell 9.98% year-on-year in March to 110 900 metric tons, data from copper commission Cochilco showed on Tuesday. Production at... 


Drill cores
India, Russia in advanced talks on critical minerals pact, sources say
12th May 2026 By: Reuters

India and Russia are in advanced talks to sign a preliminary agreement on critical minerals covering exploration, processing and technological collaboration, two sources familiar with the matter... 


Andacollo Oro mine schematic
Galantas Gold to embark on $85m private placement
11th May 2026 By: Sabrina Jardim

Aim-listed Galantas Gold Corporation is seeking to raise up to $85-million, through a brokered private placement of up to 154.55-million units of Galantas at $0.55 a piece, to fund exploration and... 


An image of La Lorena
FMR secures access to Chilean copper prospects
11th May 2026 By: Tasneem Bulbulia

ASX-listed FMR Resources has entered into a conditional binding term sheet and secured exclusive access to the La Lorena project, which the company describes as a highly prospective and largely... 


Rio Tinto Rincon lithium project area
Argentina sees lithium and copper exports at $32.7bn in ten years
7th May 2026 By: Reuters

Argentina expects to export $12.1-billion worth of lithium and $20.6-billion worth of copper in ten years, up from $6-billion in mining exports last year, the South American country's mining... 


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