RBC Dominion Securities analyst Sam Crittenden detailed a looming shortfall in copper supply that should keep the commodity price higher.

Copper output is estimated between 16,000 and 20,000 tonnes.

The central bank of China lowered a short-term lending rate for the first time in 10 months to prop up its post-pandemic recovery.

According to a technical report, Murray Brook represents the 5th largest VMS deposit within the Bathurst camp.

The Swedish smelter is a major producer of copper, zinc, lead and other metals.

The company says drill results show the potential to expand the historical deposit in Arizona, which hasn’t been mined in almost 70 years. 

The administration of President Gabriel Boric recently pushed through increases in mining taxes and the minimum wage as well as a reduction in the workweek.