Peru’s violent protests imperil 30% of its copper output
The unrest also jeopardizes the rollout of $53.7 billion in possible investments at a time when the world needs to accelerate decarbonization.
Pan Pacific, BHP agree 29% jump in copper TC/RC costs
Pan Pacific Copper Co, Japan’s top smelter, said on Friday it and BHP had agreed to a 29 percent rise in copper treatment and refining fees for ores to be delivered in July-December, reflecting higher fees on the spot market.
Pan Pacific, a unit of JX Holdings Inc , agreed to $90 a tonne for treatment fees and 9 cents a pound for refining for the six months, a company executive said.
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Copper price down as week-long holiday in China pauses rally
LME copper has gained 11% so far this month, on track for its biggest monthly rise since April 2022.
Norway finds ‘substantial’ mineral resources on its seabed
The Nordic country, a major oil and gas exporter, is considering whether to open its offshore areas to deep-sea mining.
British Columbia First Nations forge partnership to participate in Seabridge Gold’s KSM project
KSM project is the biggest new mine proposal in resource-rich BC, where there are currently eight new mines or mine expansions in the queue worth a total investment of $4.9 billion.