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...
Sibanye-Stillwater says it can resume limited mining in South Africa
Sibanye-Stillwater said on Monday it could restart limited mining at its South African operations after a nationwide lockdown to stem the spread of the coronavirus brought the mining industry to a standstill. The company said the South African government had given it...
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
Australia-based MMG has withdrawn its 2020 production forecast for Las Bambas, one of Peru’s largest copper mines, after the South American country extended a state of emergency last week to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...
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