Chile copper output down in August as labor strikes dog production

For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.

"It feels like the penalties are not balanced" - Hendra Sinadia, Indonesian Coal Mining Association.

Political uncertainty means there’s no time like the present when it comes to commodities trading, according to Goldman Sachs Group Inc.

Industry analysts recommend investors buy shares of companies building new U.S. copper mines, a marked change from just 12 months ago when most recommendations were to hold.

The announcement was made after both companies confirmed the original terms of an earn-in agreement they signed back in 2017.

Copper production reached a five-year high, more than offsetting output declines at Minas Rio in Brazil and Kumba in South Africa.

The Canadian miner planned to lay off 2,500 workers due to higher mining taxes in the country, but has now decided to continue dialogue with the government over the issue.

The miner produced 220,000 tonnes of the red metal in the three months to December, up 16% from the previous quarter, boosted by higher throughput and improved copper grades.

Copper price volatility is likely to be skewed to the upside.