Teck signs 72-MW renewable PPA with AES in Chile

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.

Environmental Court confirms total and definitive closure of Pascua Lama mining project

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 receives assay results from Carmona gold & silver propoerty

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.

INE: 1 in 3 companies registered workers suspended under LPE

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).