Engie Chile secures land concession for 320 MW of renewables

Engie Energia Chile SA has been awarded a land concession to develop up to 320 MW of renewable energy projects. The power company secured a 2,347-hectare (5,799.5 acres) piece of land in the Tal-Tal commune, Antofagasta region, in a tender organised by the Chilean ministry of national assets. Engie Chile plans to develop around 1 GW as it closes its coal-based power plants in the coming years.

Orestone Mining commences drilling on the Resguardo Project in Chile

Orestone Mining Corp. is pleased to announce that a drilling programme on the company's Resguardo copper-gold porphyry/manto project has started with the first drill hole nearing targeted depth. The drilling programme, consisting of a minimum of 1200 metres of reverse circulation drilling (RC) in three holes, will be the first drill test of a strong IP chargeability anomaly that has a strike length of 1400 metres and lies at a depth of 150-200 metres.

Chilean dairy exports decrease by 18.8% in May

According to the Office of Agrarian Studies and Policies (Odepa), Chilean dairy products exports registered a fall of 18.8% between January and May 2020. In the first five months of the year, US $65.8 million was sent abroad compared to the same period in 2019 when it was US $81.1 million. The U.S. remained the main destination for domestic dairy products, concentrating 23.7% of shipments, with a decrease in the period of 5.3%, totalling US $15.6 million.