Amman Mineral seeks up to $1.5 billion loan for mine expansion

The smelter's total input capacity is 1.7 million metric tons of copper concentrate.

Miners will increasingly get their energy from renewable sources, which are set to make up nearly 80% of the energy supply by 2026.

AGMK's plans include boosting both mining and ore processing facilities and the construction of a new smelter.

The deal with Norin Mining will enable Chemaf to settle its debts.

The LME is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China.

The miner has agreed a sharp reduction to copper treatment and refining charges to $23.25 a metric ton and $2.325 cents a pound.

Both licenses are expected to be reinstated within 48 hours.

Key risks to Panama's economy include a potential loss of investment-grade status from credit rating agencies, further social unrest and international arbitration proceedings.

The mining firm, which has yet to publicly release data for May, produced 103,100 metric tons of the red metal in the month.