A detailed plan to suspend all mining activities in a region controlled by Myanmar's ethnic Wa militia force from August 1 was released earlier this month.

Analysts say First Quantum's credit ratings will improve once the agreement over Cobre Panama copper mine is formalized.

The note of confidence from Friedland comes after China’s economic activity disappointed expectations since strict pandemic restrictions were removed late last year.

Union accepted Antofagasta's contract negotiations.

Metal fell below $8,000 a tonne for the first time in six months as prospects for a quick rebound in China’s economy dim.

Copper, iron ore, lead, zinc and anode mud from copper concentrates will be allowed to leave the country until May next year.

The investment bank says its forecasts for major rises in raw materials this year hadn’t panned out so far, but calls for a major rally.