Panama breakthrough adds to good news for global copper supplies

Mining News Pro - A breakthrough in contract talks at a mine in Panama is the latest piece of good news for global copper supplies following resumption of operations at a giant Indonesian mine and easing tensions in Peru.

Global copper supply at risk as workers vote to strike

Mining News Pro - A tightening global copper market is facing the real possibility of simultaneous strike disruptions at three mines in Chile, the top producer.

Global copper mine production up 3.7% in Q121

Mining News Pro - The International Copper Study Group (ICSG) has released preliminary data for March world copper supply and demand in its June 2021 Copper Bulletin.

Global copper smelting rises in December, driven by China

Mining News Pro - Global copper smelting activity climbed in December, led by top producer China, while North America extended its decline as coronavirus cases surged, data from satellite surveillance of copper plants showed.

Global copper output to grow over the next decade

Mining News Pro - A report by Fitch Solutions forecasts global copper mine production to increase by an average annual rate of 3.7% over 2021-2029, with total output rising from 21.5mnt to 27.8mnt over the same period.

Global copper miners head for worst quarter since 2008

Mining News Pro - Copper miners are poised for their worst quarter since 2008 after the coronavirus pandemic fueled demand fears for industrial metals and forced companies to curb mining operations.

Global copper production disruptions

Mining News Pro - Producers across South America, where the bulk of the world’s copper is produced, have halted or cut back operations and slowed construction projects due to restrictions caused by coronavirus.

China is redrawing the global copper scrap map

Mining News Pro - China’s war on “foreign garbage” continues apace.

Global copper deficit deepens as Chile, Indonesia production drops

Mining News Pro - Global mined copper output dropped in the first six months of the year by 1.4% to nearly 9.92 million tonnes, mainly due to weather disruptions in the world’s top producer, Chile, and the transition of two mines in Indonesia to different ore zones.

Global copper market under supplied, demand on the rise

Mining News Pro - Global refined copper consumption will register steady growth over the coming years, driven by demand from the power industry, rising electric vehicle (EV) production and a positive global economic growth outlook, a new copper supply and demand outlook by Fitch Solutions shows.

Global copper supply surplus continues increasing for first nine months

Mining News Agency - According to the latest data released by the World Bureau of Metal Statistics (WBMS), global copper supply surplus of 20,000 tons in the first 9 months of this year; the primary aluminum supply gap continued to extend, from supply shortage of 770,000 tons in 2016 to 1.463 million tons in the previous September.

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