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Copper price rally builds after China imports surprise

Copper price rally builds after China imports surprise

Copper jumped on Tuesday after a rebound in Chinese imports of the metal indicated the country’s manufacturing sector may be emerging faster than initially thought from the covid-19 slump. Customs data showed China’s refined copper imports in March rose 13% from a...
Antamina mine halts operations

Antamina mine halts operations

Peru’s Antamina said on Monday that it would halt all operations for at least two weeks to mitigate the spread of covid-19. The Antamina mine had previously been doing essential work in production and maintenance since Peru, the world’s no. 2 copper producer, imposed...
MMG withdraws Las Bambas copper guidance

MMG withdraws Las Bambas copper guidance

Australia-based MMG has withdrawn its 2020 production forecast for Las Bambas, one of Peru’s largest copper mines, after the South American country extended a state of emergency last week to slow the spread of coronavirus. The company, majority-owned by state-run...
Freeport keeps Peru mine running, shuts New Mexico

Freeport keeps Peru mine running, shuts New Mexico

Copper giant Freeport-McMoRan said on Monday that its Cerro Verde mine in Peru was operating, though limited by the government’s extension of a state of emergency to slow the spread of coronavirus. The world’s largest publicly traded copper producer had temporarily...
Cornish hits new, high-grade copper mineralization

Cornish hits new, high-grade copper mineralization

Cornish Lithium, a start-up hoping to lead the development of a battery metals industry in the UK, has hit the jackpot with the discovery of a new zone of high-grade copper-tin mineralization at Strongbow Exploration’s United Downs project, in Cornwall. The finding...
Commodity Evolution
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