Codelco taps new chief amid push to grow output

The world's largest copper producer has named Ruben Alvarado as the company's new chief executive.

Reuters | August 18, 2023 | 3:13 pm

BHP, Codelco, Freeport vie for title of biggest copper producer

After buying Australia’s OZ Minerals, BHP is challenging for the mantle at a time when hitherto leader Codelco has seen output slide.

Bloomberg News | August 18, 2023 | 10:33 am

Copper price set for weekly loss as China concerns sap confidence

Copper headed for a third straight weekly loss, as concerns about China’s economy and widening housing crisis put markets in bearish mood.

Bloomberg News | August 18, 2023 | 8:51 am

Column: Trickle of LME zinc deliveries turns into a flood

Zinc stocks have more than doubled to 145,975 metric tons over the last month and are now at their highest level since February 2022.

Reuters | August 18, 2023 | 8:50 am

Codelco eyes recovering production of 1.7mt/y by 2030

The miner will also use "alternative actions" to extract materials from El Teniente following delays to expand it.

Reuters | August 18, 2023 | 7:35 am

China’s low copper inventory data belie sufficient supply

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

Reuters | August 17, 2023 | 10:25 am

Codelco at risk of insolvency as debt grows, CESCO report says

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

Reuters | August 17, 2023 | 7:35 am

AI can accurately ‘envision’ corrosion-resistant alloys

A new machine learning model enhances by 15% the predictive accuracy of corrosion behaviour and potential optimal alloy formulas.

Staff Writer | August 17, 2023 | 6:12 am

Granite Creek seeks copper major for merger with mothballed Minto mine in Yukon

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.

Colin McClelland | August 16, 2023 | 9:52 am

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