October 10, 2023

Copper prices pressured by weak demand, sentiment, rising inventories — report

Fitch Solutions is revising down its 2023 average annual copper price forecast as US dollar strength and market fears of another US Fed rate hike places a cap on price…

October 10, 2023

Freeport seeks to extend permit for exporting Indonesian copper

Freeport has a temporary exemption from a nationwide ban on exports of mined copper, but it faces a cliff-edge scenario in May.

October 10, 2023

China’s top copper buyers expect a 36% cut in Codelco premium

China's largest copper buyers expect to pay a premium of around $90 per metric ton next year.

October 10, 2023

Vale weighs base metals IPO in three to four years

Vale is not seeking new partners for its Base Metals unit following a recent equity sale, CEO said.

October 10, 2023

How to turn mine tailings into healthy soil

Researchers have developed a new method that is expected to save miners billions of dollars by minimizing the cost and risk of tailings storage.

October 10, 2023

Zambia to decide on new Mopani Copper Mines investor in October

Mopani bidders are Sibanye, Zijin, and IHC-linked investor, according to Reuters.

October 9, 2023

Codelco probes cause of fire at mine, no injuries reported

The world's largest copper producer said the blaze occurred Sunday in the aging mine's concentrator plant, where work is underway to extend the productive life of the mine by decades.

October 9, 2023

Chinese copper tycoon goes missing, believed to be detained by police

He Jinbi and his company Maike Metals have been the focus of legal action by creditors.

October 9, 2023

Copper is top bet for base metals in 2024 at LME seminar

Copper got 53% of votes in an informal poll at the LME Seminar.

October 9, 2023

Codelco 2024 copper premium offer matches 2023’s record $234/t for European customers

Russia was previously a major supplier of copper to the European Union.