Category: International

BHP Group on Monday became the world’s largest copper mine based on production after Chile’s copper commission announced a slide in output at state-owned Codelco. Hampered by declining grades Codelco production declined by 5.6% or about 100,000 tonnes  last year. Overall, Codelco, nationalized in the early 1970s, churned out 1.706 million tonnes of copper, the lowest level since 2008, when output was at 1.55 million tonnes. Last month, the world’s number one mining company, BHP, reported robust six months to end December numbers from its copper operations, including at Escondida… Read More Here

The copper industry in Chile was used as a case study because fuel consumption increased by 130% and electricity consumption increased by 32% per unit of mined copper from 2001 to 2017, largely due to decreasing ore grade. A new framework that will allow mining companies to better monitor, gather and assess emissions data, as well as to identify measurement gaps and evaluate and apply mitigation strategies, is expected to help reduce the industry’s impact on climate change. Developed by researchers at the University of Queensland and presented in a paper in Nature… Read More Here