Peru mining firms’ logistics at risk from extended protests, analyst says

The commodity trader posted a net profit of $3.1 billion for its financial year ending Sept. 30, almost double the previous year.

Las Bambas warned on Friday it would have to suspend production by next week if the situation was not resolved.

The company secured rights to earn up to 90% of 28 mining claims and 1 mineral lease totaling 4,968 Hectares covering the Sherridon mining district.

In Andrew Milewski's view, the most exciting asset class is carbon credits.

The ore that contains sufficient valuable mineral to be treated by milling process is what ends up going into the processing plant compared to run of mine ore production.

Arrivals of unwrought copper and products stood at 510,402 tonnes last month, higher than 410,541 tonnes in October but still down 9.1% from a year earlier.

Copper prices have registered all-time highs this year, supported by expectations of solid economic recovery and rising demand for the metal needed in electronics and construction.

The carmaker aims for at least 50% of global sales to be fully electric by 2030.

The energy crunch appears to be largely resolved, and demand for copper has responded in turn, writes Clyde Russell.