Codelco has taken legal action against Anglo American following the sale of a 24.5 percent stake in its Chilean operation to Japan's Mitsubishi, sparking tensions between Chile's global copper producers.
Copper's antimicrobial properties is slashing infections rates in hospitals and may heat up the copper market further.
Polar Star Mining Corp. (TSX:PSR) is a mining company focused on acquiring, exploring, and developing assets in Chile. Polar Star has three properties in Chile: Montezuma, Los Azules, and Chépica.
Bloomberg reports Chile’s peso rose as copper prices and European stocks rallied.
Bloomberg reports that the Chilean peso remains little changed as the euro increased to counter increases in the price of copper.
Red Metal Resources Ltd. (OTC:RMES) announced the company's progress towards beginning a summer drill program at the Farellon Project.
Copper's rising prices during the last weeks of May optimism in the market. However, overwhelming amounts of data suggesting a decrease in demand appear to be tugging at investors' confidence.
NGEx Resources Inc. (TSE:NGQ) announced results from the first three diamond drill holes completed at the Los Helados project located in Chile's Region 3.
Southern Hemisphere Mining Limited (CVE:SH,ASX:SUH) reports positive results from the initial 8-hole reverse circulation drilling program at the El Arrayan Project ,located in the highly prospective Coquimbo Region of Chile.
The Wall Street Journal reports that Chile’s peso closed down against the dollar Wednesday, as international copper prices lowered and institutional investors bought dollars. The market news is quoted as saying: As Chile is the world’s premier copper producer, accounting for nearly a third of global supply, the peso often takes trading cues from the [...]
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