Strike Alert! Canada's Second-Largest Copper Mine Faces ShutdownCanada's second-largest Gibraltar copper-molybdenum mine is on the verge of production suspension. A ...
Copper Prices Soar: Chile Predicts Continued Rise Through Next YearChile, the world’s largest copper supplier, has raised its average copper price forecast for this year and next year. The possibility of copper prices continuing to rise in the near term has increased. The Chilean state copper commission, Cochilco, announced on May 17th that it has revised its average copper price forecast for this year from […]
Copper Prices Soar as China's Largest Mining Group Suspends ProductionProduction suspended at the COMMUS copper mine in CongoThe possibility of high levels of radiation in cobalt raises concernsCopper prices are at their highest in a year and are expected to face increased upward pressure Zijin Mining Group, China’s top gold-producing company, has halted production at its copper mine in the Democratic Republic of the […]
Peru's Copper Production Dip Sparks Global Price SurgePeru, the world’s second-largest copper producer, saw a slight decrease in production in January. With the recent surge in copper prices, all eyes are on whether Peru’s production decline will have an impact. Peru’s Ministry of Energy and Mines reported on the 19th (local time) that the country’s copper production in January was about 205,375 […]
China Copper Explores Overseas Investments to Alleviate Copper Supply ConstraintsChina Copper, a subsidiary of the Aluminum Corporation of China (Chalco), is turning to overseas copper mine development to overcome the shortage of copper supply in China. Xiong Weiping, the CEO of Chalco, said in an interview with Reuters on the 11th (local time), “China Copper has launched an acquisition of overseas copper mines as […]
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