Saudi's PIF has been looking to invest in copper projects across the world, as part of its drive towards funding energy transition projects.

Ecuadorians are expected to vote in favor of referendums to order the closing of a major oil field and restrict gold and copper mining.

Bidding for the exploration contracts is scheduled to take place early next year.

The Bayan Khundii open-pit gold mine is expected to produce 74,200 ounces of gold annually over its 6.5-year mine life.

Javier Milei, a libertarian outsider who’s taken a surprise lead in the race for Argentina’s presidency, would shake up the country’s powerhouse commodity industries like none of his rivals.

Codelco will name its third CEO in a year in the coming weeks as the company struggles to turn around a slump in output and earnings.

The incident is affecting information systems, and future operations could be impacted if the attack is prolonged, company said.

Concerns over the property sector have resurfaced due to the potential debt restructuring by Country Garden, China's leading private property developer.