China’s copper costs driven up by Maike’s woes, output glitches
China's copper buyers face higher costs for the metal this year, buyers and analysts said.
Commodities giant Glencore says it is buying a majority stake in Peru’s Mina Justa copper mine for $475 million.
Swiss-based Glencore International PLC said Monday the purchase of a 70 per cent stake in Marcobre SAC from CST Mining Group Limited is subject to inspection of the books and price adjustment.