Chile Escondida copper mine declares force majeure

Federal crackdown on environmental crimes and a gold rally that’s sent prices to record highs has driven the industry into further darkness.

Mining forms the backbone of British Columbia’s countermeasures.

In calendar 2024, Fortuna produced 369,637 oz. of gold plus 3.7 million oz. of silver, for a record gold-equivalent production of 455,958 oz.

Copper demand for new energy applications is posed to jump 62% to 42 million tonnes by 2050, according to Teck’s head of market research.