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Copper: logistics of Peruvian mining companies at risk as protests continue
According to Fitch Ratings, mining companies operating in Peru face material risk due to protracted protests and blockades in the world's second-largest copper-producing nation, with possible lack of supplies and problems transporting ore to ports. Protests and...
Copper: Panama and First Quantum agree details for Cobre Panama mine contract
The government of Panama and First Quantum Minerals of Canada have agreed on the final text for a contract to operate the Cobre Panama copper mine. The new contract guarantees the Central American government a minimum annual income of 375 million dollars and will be...
Aluminum: prices test the lows of February 24th
Aluminum prices fell both under pressure from a stronger dollar and as production cuts were completed in China's major producing provinces. Benchmark aluminum on the London Metal Exchange (LME) is down 0.36% to $2,239/ton (15:32 GMT+1). In terms of graphics, prices...
Copper and zinc: the government of Peru plans to normalize shipments
The government of Peru, the second largest producer of copper and zinc, expects shipments of these raw materials to begin to normalize within days, thanks to the easing of the worst street protests in decades. "The problem of protests has been minimized right now,"...