August 2, 2023 Weak China manufacturing, lack of stimulus push copper prices down China’s manufacturing activity dropped for a fourth consecutive month in July.
August 2, 2023 Column: China’s weak PMI means good news for commodities, for now China’s manufacturing activity dropped for a fourth consecutive month in July.
August 2, 2023 Trafigura’s $600 million cobalt play faces cash crunch in Congo Trafigura’s metals unit is already under fire after announcing in February it was the victim of a massive alleged nickel fraud.
August 2, 2023 Ecuador court halts referendums on mining, oil projects Popular referendums are a necessary step for any mining company hoping to obtain an environmental license in Ecuador.
August 1, 2023 Chile fines Lundin mine $9 million for environmental infractions The Caserones copper mine has been fined the equivalent of $9 million for serious water-use violations.
August 1, 2023 Codelco requests permit for $2.5 billion Ministro Hales mine extension The project aims to boost production capacity of copper concentrate from the current 700,000 metric tons a year to 830,000 tons.
August 1, 2023 Barrick reiterates 2028 first production for Reko Diq project in Pakistan The project has been over a decade in the making and is said to boast world’s largest undeveloped copper-gold deposits.
August 1, 2023 Mexico says trade deal does not apply in Grupo Mexico mine labor dispute A Mexican court ruled in favor of the workers' union in June, ordering Grupo Mexico to pay back wages and benefits.
August 1, 2023 China’s metals and mining investment overseas to hit record in 2023 – report Chinese investments and new contracts in the metals and mining sector topped $10 billion during the first half of 2023, a 131% growth year-on-year.
July 31, 2023 Rio Tinto, Codelco join forces to find more copper in Chile They will explore for the coveted metal in concessions held by Agua de la Falda, in which Rio has a 55% interest.
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