Chile

Pan American Lithium CEO predicts smart-grid electric-power needs will drive lithium demand

November 14, 2011
Pan American Lithium CEO predicts smart-grid electric-power needs will drive lithium demand

At a time when lithium-battery technology — for devices ranging from mobile phones to hybrid cars — is the end-use most often associated with demand for the mineral, Pan American Lithium Corp. anticipates a future that includes soaring growth in lithium demand to help power the electric-power smart grid, among other applications. Pan American CEO Andrew...

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Sumitomo to partner with Quadra FNX on big Sierra Gorda mine in Chile

May 18, 2011
Sumitomo to partner with Quadra FNX on big Sierra Gorda mine in Chile

Quadra FNX Mining Ltd. has brought Sumitomo on as a 45% partner in what will be a world-class copper/molybdenum mine in Chile, it reported Monday. Sumitomo Metal Mining Co. Ltd. and Sumitomo Corp. will contribute the next $724 million to develop the $2.9 billion operation in the back yard of BHP Billiton’s giant Spence...

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Follow Chilean update on PAY DIRT Twitter posts

February 27, 2010

To keep abreast of developments in the mining industry following this morning’s 8.8-magnitude earthquake in Chile, subscribe to our Twitter feed by clicking on the link or by using the link in the right column of this page.

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Centenario to be acquired by Quadra to get funding for Franke

February 9, 2009
Centenario to be acquired by Quadra to get funding for Franke

Centenario Copper Corp. will be acquired by Quadra Mining Ltd. in order to get funding for the startup of its Franke SX/EW copper mine in Chile, which is ready to go into production, the firms said Feb. 9. The acquisition will be for stock, at a rate which represents a 6.6% premium on the...

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