India’s Sterling and Wilson Solar Ltd has signed a contract to deliver a 106.71-MW solar project in Chile. The solar EPC major said the $62.6 million contract was awarded by a global independent power producer. Sterling and Wilson expects to begin work in the fourth quarter of 2021.
AES Corp will supply 72 MW of renewable power to a Chilean copper mining company owned by Canada-based Teck Resources Ltd. Under the the long-term power purchase agreement (PPA), inked by the Chilean affiliates Compania Minera Teck Carmen de Andacollo SA and AES Gener SA, the former will buy 100% renewable electricity from AES Gener’s growing wind, solar and hydro portfolio. The contract became effective on September 1 and will run to the end of 2031. Teck will be getting 550 GWh per year of clean electricity for the Carmen de Andacollo copper mine, avoiding around 200,000 tonnes of greenhouse gas (GHG) emissions annually.
The First Environmental Court of Antofagasta confirmed the total and definitive closure of the Pascua Lama mining project by the Canadian company Barrick Gold. Also the court reported that a fine of more than $7 billion will be maintained against the firm. The minister of the First Environmental Court, Mauricio Oviedo, explained that “the ruling reaffirms that Pascua Lama did not fully comply with its Environmental Qualification Resolution which led the SMA to apply various sanctions to the mining company for serious violations.”
Lithium Chile Inc. has received assay results from the second set of samples taken from its 100% owned Carmona gold and silver property. These assay results are from samples taken on additional claims recently staked which are adjacent to the Company’s existing Carmona claims. Assays results from rock chip samples range from 1.4 – 21.4 g/tonne gold and 3 – 329 g/tonne of silver. The area of the claims sampled to date covers a three-square km zone of hydrothermal alteration containing gold-silver rich veins and breccia zones hosting several active artisanal workings. Lithium Chile plans to immediately conduct detailed infill sampling on additional areas to the west.
In July 2020, one in three companies (37.3%) registered workers suspended under the Employment Protection Law, either by agreement or by an act of authority, corresponding to 9.3% of the workers hired by formal companies with five or more employees. This information was revealed by the complementary COVID-19 bulletin of the Survey of Remunerations and Labor Costs for the period April-July 2020, published this morning by the National Institute of Statistics (INE).
Spanish renewable energy and infrastructure group Acciona SA plans to build a 130.2-MW alternating current solar park in the Chilean region of Antofagasta. Acciona’s Chilean unit this week presented the environmental impact statement (EIS) for the Pedro de Valdivia photovoltaic (PV) project, stating that it plans to invest $60 million in the scheme. Acciona plans to start construction in October 2022 and complete the project in 14 months, according to the EIS.
Shares in Aftermath Silver Ltd increased as the group reported a CIM (Canada) compliant resource estimate for its Cachinal silver-gold project in Chile, showing 16.32 million ounces of silver in the higher confidence indicated category. Of those, 15.03 million ounces were in an open pit and 1.29 million ounces were underground.
According to data from the Office of Agricultural Studies and Policies (Odepa) of the Ministry of Agriculture of Chile, the export of fruit between January and August 2020 fell by 7% in volume and 11% in value compared to the same period of the previous year, totaling 2.62 million tons and $4.972 million FOB. 76% of the value of exports corresponded to fresh fruit, 17% to processed fruit and 7% to dried fruits.
Capstone Mining has entered talks with Chilean industrial group Sigdo Koppers to build a port for its Santo Domingo mine project, the copper producer said. Under the deal, Puerto Abierto would buy, build and operate the deep-water port and finance its development while the Santo Domingo mine would be the port’s principal and preferred client.
Tesoro Resources says step out drilling at its El Zorro project in Chile has encountered a wide zone of sporadic visible gold, with that visible gold being noted over 61m of drill core. Meanwhile, another step-out hole has returned 15m at 0.68 grams per tonne gold including 1m at 5.64g/t.