Copper price declines as Hormuz setbacks cloud peace deal prospects
Coming off four weeks of gains, the red metal fell 0.5% to settle at $13,275 a metric ton on the London Metal Exchange.
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Codelco expects debt to rise as investments draw on cash flow
Chairman Maximo Pacheco says the state-run mining company will see negative net cash flow in the next three-to-four years.
Argentine judge orders halt to mining activity, road access near Vicuña’s copper project
The project spanning the Argentina–Chile border includes the Filo del Sol and Josemaria mines.
Sunshine Silver weighs $400 million IPO to fund reopening of Idaho mine
Sunshine Silver is trying to reopen and expand a defunct mine in Idaho’s Silver Valley, a prolific hub for the precious metal.
Brazil’s Votorantim close to selling controlling stake in Nexa Resources
Estadao reports that Votorantim was in direct negotiations to sell its 64.7% stake to a European company.
US Project Vault aims to close first funding tranche soon, official says
Project Vault aims to address market weaknesses beyond stockpiling, including capital and supply chain gaps.
Copper Intelligence targets untapped eastern Congo deposit
The US company plans to begin drilling within four to six weeks.
Banyan Gold hits new high on $34M capital raise
The financing proceeds, said Banyan, will go towards its exploration efforts at the AurMac project.
Chile targets faster permits to unlock $100B pipeline
Government push to streamline approvals aims to revive investment and job growth in world’s top copper producer.