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Copper: shutdown for Peru’s Las Bambas mine
Chinese miner MMG will once again have to halt operations at its Las Bambas copper mine, one of Peru’s largest, as community protests in the neighbouring province of Chumbivilcas have affected supply logistics. The blockade of public roads along Peru’s...
Tin: record prices on low stocks
Tin prices jumped to a record high on Friday as inventories in warehouses fell and supply problems persisted. Benchmark tin on the London Metal Exchange rose to a record $36,770 a tonne, and by early afternoon was trading 2.4 percent higher at $36,310. Metal prices...
Rare earth: Minmetals plans strategic restructuring
Minmetals is planning a strategic restructuring of rare earths with another state-owned company, Chinalco, and the Ganzhou city government. China Minmetals Rare Earth Co Ltd and Chinalco Rare Earth & Metals Co are two of the “Big Six” state-owned...
Zinc: Teck Resources cuts production forecasts
Teck Resources, Canada’s largest diversified miner, has cut its refined zinc production estimates for 2021 due to widespread wildfires in British Columbia over the summer. Operations at the Vancouver, BC-based miner were temporarily shut down in August for about...