Polish copper producer KGHM appoints new CEO

Wider financial markets marched higher after Democratic negotiators told President Joe Biden on Friday that they are making "steady progress" in talks with Republicans.

Trafigura in February accused Prateek Gupta and the companies connected to him of perpetrating a “systematic fraud” .

Global nickel prices are poised to decline over the next few years as top producer Indonesia ramps up supplies and production costs fall.

Vale would sell 10% of the unit worth around $2.5 billion, local newspaper reports.

Violent protests in the country have killed at least 66, posing risks to the activity of other large mines like MMG’s Las Bambas and Freeport-McMoRan’s Cerro Verde.

Namesake project in the Antofagasta region now has measured and indicated oxide resources totalling 200 million tonnes grading 0.45% copper for 900,000 tonnes of metal.

Refined zinc prices are expected to be on a downward trend until 2025, analysts said.

Zeta Resources, which owns 9.96% of Copper Mountain, and Mitsubishi Materials, which owns 25%, have signalled their approval.

The board will consider paying out a first dividend for the current business year at an upcoming meeting.