Fortune Valley Identifies El Penon Structural Trend on the Anillo Project

Fortune Valley Resources Inc. reports it has recently completed a detailed ground magnetic geophysical survey along the southwestern boundary of the Anillo property immediately north and along strike of Angosta vein discovery at Yamana Gold’s El Penon gold/silver mine complex in northern Chile. The interpretation of the geophysical survey shows the extension of the Angosta vein structure on to... 

ITT Chosen to Move Filtered Seawater to the High Desert for Large-Scale Mining Project in Chile

ITT Corporation has received a multi-million dollar contract to provide filtered seawater to Esperanza, a large new copper-gold mining project in Chile’s Atacama Desert, the driest desert in the world. The mine will be the first large-scale mine in Chile to make use of seawater in the mining process. As part of the project, ITT will help move treated seawater from the ocean to an elevation of 7,550... 

Tag: itt in chile, esperanza maricunga, chiles sea water project

California Oil & Gas Inks Deal for Acreage in Chile

California Oil & Gas has signed a Letter of Understanding with March Resources through which the Company will farm-in on an exciting exploration program on the Pica North Block in the Tamarugal Basin of Northern Chile, with an option to obtain an interest in the Pica South Block. March has received approval from the Ministry of Mining and Energy of Chile for exclusive oil and gas exploration and... 

Tag: oil mining in california

Chilean workers end strike at world’s largest copper mine

Chilean miners voted to end their 25-day-old strike for higher pay at La Escondida, the world’s largest copper mine, a top union official announced. In a secret ballot that lasted more than six hours, the workers accepted the union leaders’ contract agreement with the executives of the mine, controlled by the Anglo-Australian mining giant BHP Billiton. On a 1,607-121 vote, with one blank... 

BHP uses strike breakers to get Escondida rolling

TENSIONS between BHP Billiton and striking unionists at the giant Escondida copper mine in Chile’s high-altitude Atacama desert have escalated following the hiring of strike breakers. The mine, which last year accounted for 8.5 per cent of world output, is operating at half capacity, spokesman Mauro Valdes said. The copper-cathode plant, which converts the metal to a pure form for shipment, is... 

World’s largest copper mine faces strike threat

Workers at the world’s biggest copper mine in Chile threatened to go on strike next week after the collapse of salary negotiations. The work stoppage at Minera Escondida, which is controlled by Anglo-Australian mining giant BHP Billiton, will start Monday if management fails to make a new offer to the miners, said the union representing 2,000 workers. “If the company’s new offer is... 

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