November 22, 2023

Codelco says making progress on key projects, following output hit

The state-owned miner said it has reached a production 'turning point'.

November 22, 2023

Fitch downgrades Codelco for first time in years

"The downgrade of Codelco's ratings is a result of lowering its standalone credit profile," it said.

November 22, 2023

First Quantum plans maintenance for Panama copper mine amid protests

Panama's top court will hear the legality of the contract awarded to First Quantum from Nov, 24.

November 22, 2023

Base metal markets across LME are showing signs of surplus

Spot prices for the six key metals that dominate trading on the LME are all at a discount to futures.

November 22, 2023

Guyana Goldstrike scraps copper project buy and name change

The Canadian gold explorer is actively reviewing and evaluating other resource opportunities as it seeks to realign its business strategy.

November 22, 2023

Ecuador-focused Adventus and Luminex to merge

Business tie-up creates a more diversified company with one of the largest copper-gold exploration portfolios in Ecuador.

November 21, 2023

China’s copper premium spikes on demand from renewables industry

The Yangshan copper premium, or the fee traders pay for imported cargoes over benchmark prices on the LME, extended to its highest level in a year.

November 21, 2023

Codelco extracts first ore from Rajo Inca project

Rajo Inca, which is more than 60% built, is set to formally kick off operations next year.

November 21, 2023

Codelco to spend $720 million on Chuquicamata copper mine

Move is part of a plan to bring late and over-budget projects on stream and stop an overall production decline.

November 20, 2023

MMG seals $1.9bn deal to buy Khoemacau copper mine in Botswana

MMG has been hunting for copper assets for more than a year, amid a surge in demand for the metal needed in green energy transition.