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Copper: agreement between First Quantum Minerals and Panama recedes
The government of Panama on Wednesday expressed disappointment with the latest update provided by First Quantum Minerals on the Cobre Panama contract negotiations, saying it contained several inaccuracies that could have misled investors. First Quantum CEO Tristan...
Alumina: Alcoa to cut 30 percent of Kwinana refinery production due to lack of natural gas
Alcoa Corporation, the world's eighth-largest aluminum producer, announced Monday, Jan. 9, that it plans to cut nearly 30 percent of production at its partially owned Kwinana alumina refinery in Western Australia. A shortage of gas supplies is the reason behind the...
Aluminum: Aluminium Dunkirk will revive idle production capacity
Aluminium Dunkirk, which operates one of Europe's largest aluminum smelters, has begun to relaunch production capacity that was halted last year due to soaring electricity costs. The site, which halted about a fifth of production in the fourth quarter, is expected to...
Copper: robbers pull off multimillion-dollar heist in Chilean port
A group of gunmen in Chile stole several containers full of copper belonging to state-owned giant Codelco on Wednesday, increasing pressure on the security of shipments in the world’s largest copper producer. The assailants took 13 containers destined for China...