Southern Copper says Peru output to reach 400,000 tonnes this year

The Cobre Panama mine is considered the largest private investment in the Central American country.

The Rio Tinto investment follows a $5 million investment by Osisko Gold Royalties in mid-October.

The investment contract ratifies the Investment Protection Agreement announced in June and “significantly” de-risks Warintza.

Triple Flag is acquiring up to a 2.5% NSR royalty for $15 million on the platinum, palladium, copper and nickel project.

While some analysts expect the metal to rise towards record highs in 2023, weakening economic growth has pulled prices down 14% this year.

Fire broke out at Chile's Ventanas port near a smelter belonging to state-run miner Coldeco.

The Selebi south deposit has a resource of 11.28 million tonnes grading 0.98% nickel and 1.9% copper.

Electra claims it will process up to 75 tonnes of black mass material in batches mode using its proprietary hydrometallurgical process in the demonstration plant.

The two sides may sit down together as soon as Dec. 26, although a schedule for the talks hasn’t been confirmed.