Chinese copper stocks readily available in the spot market totalled 82,600 tonnes on Aug. 14, up 17.5% year-on-year.

Cost overruns on projects to upgrade five mines could mean its debt is likely to reach $30 billion by 2030 from $18 billion now.

Granite’s Carmacks project, some First Nations property and the past-producing Minto Metals mine would form a 30-year operation able to produce 2 billion lb. copper.

The private placement represents the latest round of funding secured by Imperial for its BC mine projects.

Up to 10,000 tonnes of copper concentrate to be exported via Angolan Lobito Ocean Port in Q4 2023.

Much of the zinc going on LME warrant was sold into the system by Trafigura and Glencore.

Both brownfield and greenfield mines in the region face issues of water stress.

While McEwen is funded into next year as it drills the Los Azules project, it may go public later in 2023 or early 2024 to bankroll a feasibility study.