Rage against copper producer roils markets, Panama government

Mining News Pro - Panama’s ratification of a deal with a copper miner last month should have been a formality. Instead, it triggered nationwide protests that paralyzed the economy, destabilized the government and led to a nationwide ban on new mines.

Rage against copper producer roils markets, Panama government

Mining News Pro - Panama’s ratification of a deal with a copper miner last month should have been a formality. Instead, it triggered nationwide protests that paralyzed the economy, destabilized the government and led to a nationwide ban on new mines.

Europe’s top copper producer Aurubis hit by huge metals scam

Mining News Pro - Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros after being hit by a massive scam involving shipments of scrap metal that it uses in its recycling business.

BHP, Codelco, Freeport vie for title of biggest copper producer

Mining News Pro - There’s a three-way battle underway for the title of the world’s biggest copper producer.

Codelco turns to new CEO as debt piles up at top copper producer

Mining News Pro - Codelco will name its third CEO in a year in the coming weeks as Chile’s state-owned copper company struggles to turn around a slump in output and earnings. With debt at $19 billion and rising, the stakes are getting higher for bondholders.

Chile government says it will reach deal with copper producers before key mining tax vote

Mining News Pro - Chile’s government is confident it can smooth out differences with the country’s largest mining companies before a key vote in congress this week on a new mining royalty bill.

Surging molybdenum price adds weight to new year rally for copper producers

Mining News Pro - Copper prices started the new year with a bang – touching fresh six-month highs on Tuesday. Copper for delivery in March touched $4.0795 per pound or just shy of $9,000 a tonne, bringing gains for the first week of 2023 to over 8%.

Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine

Mining News Pro - China-backed Serbia Zijin Mining, a wholly-owned subsidiary of Zijin, has obtained a permit from the Serbian government to start mining activities at the Cukaru Peki copper and gold mine, part of the Timok project, in the country’s east.

Teck sees little risk of higher taxes in copper producer Chile

Mining News Pro - Canada’s Teck Resources sees little risk of higher taxes in copper powerhouse Chile due to a stability agreement that shields the company's massive Quebrada Blanca Phase 2 copper project from higher levies for 15 years, CEO Don Lindsay said on Tuesday.

World’s no. 2 copper producer hits the hard part of its recovery

Mining News Pro - Peru, the biggest copper-producing nation after Chile, bounced back from hard lockdowns to post double-digit output growth mid year. The next stage of its recovery is proving slower.

Output from top copper producers down 3.7% in Q2 2020 – report

Mining News Pro - Copper output from the world’s top ten producers declined by 3.7% year-on-year collectively during the second quarter of 2020, according to GlobalData, a UK-based data analytics and consulting company.

BHP becomes world’s top copper producer

Mining News Pro - BHP Group on Monday became the world’s largest copper miner based on production after Chile’s copper commission announced a slide in output at state-owned Codelco.

The US has its first new copper producer in a decade

Mining News Pro - The Pumpkin Hollow processing plant, in Nevada, has produced copper, making the mine the first new copper producer in the US in the last decade.

Chile protests threaten to dethrone world’s top copper producer

Mining News Pro - Codelco’s standing as the world’s top copper producer is increasingly at risk in the wake of a citizen uprising that is shaking Chile to its core.

The production of Mexico`s largest copper producer will reach 1.8 million tons by 2025 (forecast for rising prices following the supply surge next year)

Mining News Pro - The company (Grupo Mexico) has announced that it will have a major expansion plan, which will increase its copper production by approximately 80% by 2025, reaching 1.8 million tonnes per year.

Zambia remains a fast growing refined copper producer

Mining News Pro - Zambia remains one of the fastest-growing refined copper producers in the world, backed by strong domestic smelting capacity, rising mining output and ongoing government support, says BMI Research.

Poland`s copper producer KGHM ends maintenance at Glogow smelter

Mining News - WARSAW – Poland's KGHM, one of the world's biggest copper and silver producers, has finished a two-and-a-half month maintenance at its copper smelter in Glogow, the company said on Monday.

China top copper producer halts output after pollution order

Mining News Agency - China’s largest producer, is halting all output in the province after the local government ordered the curbs to reduce pollution, a company official said.

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