Grupo Mexico registered a net profit of $1.1 billion in this year's first quarter.

Sky-rocketing copper prices, combined with a major bump in economic activity expected as a result of its fast-paced vaccination drive could see Chile's gross domestic product jump 6% in 2021.

Parts of the world seem to have run out of the metal essential for circuit-board soldering.

Profits jumped more than fivefold year-on-year in Q1 on the back of booming prices for the red metal.

There are signs that China is already tightening credit, which may result in slower spending on copper intensive infrastructure and construction projects.

Operating profit rose to $332 million from $170 million a year earlier.