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Copper: Las Bambas mine suspends operations
MMG Ltd reported on Monday that its Las Bambas copper mine in Peru will suspend operations from 20 April after residents of a nearby community entered the property as part of a protest. Las Bambas accounts for 2% of global copper supply and is subject to recurring...
Steel: Chinese prices fall on weak demand
Domestic steel market prices in China declined and were mostly influenced by low demand for finished steel products amid poor weather conditions and the expectation of improved supplies with the lifting of the lockout at the Tangshan steel hub. In addition, volatility...
Copper: Peruvian government to negotiate with communities opposed to Glencore project
Peru's Ministry of the Environment and the southern province of Espinar have established a dialogue process with the aim of finding solutions to the social and environmental problems that mining operations are causing in the area. Specifically, the Deputy Minister of...
Copper: Chile risks losing its position as the largest producer
Chile's status as the world's largest copper producer is at risk as the country's production continues to be lower than expected, despite billions of dollars invested in new projects over the past 18 years. Chile's January copper production spooked investors as it...