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Chile cuts mining investment forecast to $69 billion until 2030
Chile's state copper commission Cochilco reported on Monday that the country is expected to receive $68.9 billion in mining investment until the end of the decade, down 6.9% from the previous forecast as two projects were removed from the guidance. Five new mining...
Aluminium: Russia should remove export tax
Expectations that Russia will remove taxes on aluminium exports and increase global supplies have triggered a sell-off in inventories that has reduced prices for the metal on the physical market in Europe and the US. As the reduction in aluminium stocks accelerates,...
Copper: Antamina to hold formal talks with Aquia residents
The leader of Antamina, Peru's largest copper producer, sought to defuse tensions with protesters in the rural community on Friday, addressing residents at a local meeting after a blockade forced the mining company to suspend operations last week. Victor Gobitz...
Copper: falling prices despite limited supply
Copper prices fell on Thursday despite tight supply. Global trading stocks, which include those in the LME, CME and Shanghai Futures Exchange warehouses, fell over the past two months. They stood at 232,550 cumulative tonnes at the end of October, down 30,000 tonnes...