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Chile Mining 2024
As the climate crisis deepens, Chile finds itself at a pivotal moment in its mining history.
Pascal Hamelin
CEO, ABCOURT MINES
"Our goal for the next few months is to begin small-scale production while we continue to drill and advance the engineering towards a pre-feasibility study."
Dato' Palaniappan Joseph
MANAGING DIRECTOR, SATAKE TECHNOLOGIES SDU BHD
"As industry and technologies evolve, the need for custom solutions and aftersales services has also become more prominent."
Septian Waluyan
PARTNER & COUNTRY MANAGER (INDONESIA), YCP SOLIDIANCE
"With the recent price fluctuations the industry is rather careful with what it spends on."
Chichi Emenike
ACTING MANAGING DIRECTOR, NECONDE ENERGY
"The plan is to increase both crude and gas production by working together with our JV partners."
Wole Ogunsanya
CHAIRMAN, PETROLEUM TECHNOLOGY ASSOCIATION OF NIGERIA (PETAN)
"PETAN advocates that authorities should look more into oil and gas evacuation on land and in swamp environments as the cost of production in these environments is approximately 20% of the production costs offshore."
Vicky Peacey
PRESIDENT AND GENERAL MANAGER, RESOLUTION COPPER
"In 2024, we signed a groundbreaking Good Neighbor Agreement with the Town of Superior, Pinal County, Gila County, and other Copper Triangle towns, and over a dozen groups with interests in the area. This agreement formalizes our commitment to transparency and two-way dialogue throughout the mine's life."
Óscar González Rocha
PRESIDENT AND CEO, ASARCO
"Once the smelter reopens, we would produce a more finished product, the anode, which would be sent to the Amarillo refinery in Texas to manufacture wire rods."
Ulises Poirrier
GENERAL MANAGER, CBB CALES
"We will increase our total capacity by 50% to reach 1.8 million tons. This is key to meeting the future demand of mining projects that, by the end of this decade, will shift from processing oxide minerals to sulfide, thereby increasing the use of lime in their processes."
John Florek
PRESIDENT AND CEO, EMPEROR METALS
"AI has allowed us to accelerate the model-building process significantly and apply it successfully."
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It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.
It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.
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