June 3, 2022

Peru cabinet seeks solution for Las Bambas crisis as leftists urge nationalization

Late on Thursday, left-wing lawmakers from the ruling Peru Libre party presented a bill to nationalize copper production in Peru.

June 2, 2022

About 3,000 workers laid off at Peru’s Las Bambas as mine shutdown drags on

Las Bambas, one of the world's largest copper mines, was forced to halt operations in April due to protests from neighboring indigenous communities.

June 2, 2022

Copper price scales $10,000 on Chinese stimulus, lockdown reprieve

China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies to revive its pandemic-ravaged economy.

June 2, 2022

Global copper supply to outpace demand next year, says RBC

The brokerage in a note said it expects the industrial metal's price to be at $4.32 per pound in 2022, and then drop to $3.75 in 2023 and 2024.

June 2, 2022

Chile copper output dragged down by Codelco, Collahuasi in April

Chile's total copper production in the month fell 8.9% to 420,000 tonnes.

June 1, 2022

Chile starts sanction process against Los Pelambres copper mine

Sanction for deficiencies associated with tailings management, Chile's environmental regulator said.

June 1, 2022

Arbitration hearing set for January in Vedanta-Zambia copper mine dispute

Zambia in May 2019 handed control of Konkola Copper Mines (KCM) to a state-appointed provisional liquidator, triggering a legal battle with its previous owner Vedanta.

June 1, 2022

Global copper smelting edged up in May, satellite data shows

Increased raw material shipments to China boosted activity despite covid-19 restrictions.

June 1, 2022

Fires hit two key copper projects in Peru amid protests

Fires broke out at MMG's Las Bambas copper mine and Southern Copper Corp's planned Los Chancas project.

June 1, 2022

Adventus, Salazar granted ESIA for copper-gold project in Ecuador

The Curipamba-El Domo project has also received a technical certificate for the construction of the tailings and waste rock facilities.