Top copper producers show some love for Peru’s leftist leader

The company's Cobre Panama is a large open-pit copper project 120 km (74.6 miles) west of Panama City and 20 km from the Caribbean Sea coast.

Production of the red metal, the agency says, could reach a record of 7.25 million tonnes as early as 2025.

According to the company, the copper-gold skarn mineralization at its Sombrero project has geological similarities to Glencore’s Tintaya mine and MMG’s Las Bambas mine.

Pancon revealed that its objective for the initial phase of Montcalm’s program is to drill at least 4,500 metres to test a series of new conductor targets identified in 2018.

Government has delayed the release of provisional results from last week’s presidential election as criticism of the country’s handling of the vote grew.

But over the long term, the global copper deficit is expected to shrink, and the market will shift to oversupply.

As mining projects face headwinds from rising tensions, investors' courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.

Konkola Copper Mines (KCM), majority owned by Vedanta, suspended operations at its Nchanga mine following the introduction of an import duty on copper concentrates, the company said.

There are real costs associated with conducting project cost estimates in-house.