Copper supply has a habit of not performing to expectations.

The company's copper production increased by 29% over the second quarter.

The facility in Indonesia will have capacity of 1.7 million tonnes of copper concentrate and is expected to start operations in late 2023 or early 2024.

Newcrest expects to produce around 2 million ounces of gold a year until at least 2030.

Global copper mine production is set to expand by 7.8% y-o-y in 2021 as a result of multiple new projects coming online, says Fitch.

Bank of America said $20,000 could be possible if major supply-side issues arose simultaneously.

Codelco offered to supply copper to European customers at a $128 premium over futures next year.

The London-listed miner said 50,000 tonnes of production could be at risk next year because of a severe drought that has hobbled its operations.