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

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.

October 8, 2023

Metal trader misery undercuts supercycle hype as losses pile up

The world’s metal traders are enduring one of their toughest periods in years.

October 7, 2023

Mexican president exhorts American company to settle after mine closure

Andrés Manuel López Obrador repeated his accusations against Vulcan Materials for allegedly causing an environmental disaster in Quintana Roo.

October 6, 2023

Copper Study Group expects big supply surplus in 2024

Production is forecast to exceed usage by 467,000 metric tons in 2024, a significant upward revision from the expected 297,000 metric ton surplus from April.

October 6, 2023

Pan American Silver suspends operations at La Colorada following armed robbery

There were no physical injuries to personnel in connection with the incident.

October 6, 2023

Codelco announces leadership shakeup, outgoing CFO to play key lithium role

Alejandro Rivera has been closely involved with Codelco's lithium strategy for years.

October 6, 2023

Codelco reassessing costs of projects to upgrade mines

Chairman Pacheco also said the company would maintain capital spending next year at $4 billion, roughly in line with 2023.

October 6, 2023

Strike at Newmont’s Peñaquito mine ends with 8% pay raise

Agreement ends a four-month-long strike at Mexico’s largest gold mine, which cost Newmont millions of dollars a day.

October 5, 2023

Lundin in talks with Japanese trading houses to develop Argentina mine

New CEO Jack Lundin said the company is conducting risk analysis before finalizing strategic partners to help develop the Josemaria copper-gold mine.