The traders are pushing Asian smelters to accept low spot prices for turning their mined copper into metal this year, as opposed to industry benchmarks.

Silver production, however, saw a 15% decline due to decreased production at the San Jose mine Mexico.

The owner of Saudi Arabia’s stock market has acquired a 32.6% stake in the Dubai Mercantile Exchange.

Top miners including Freeport, Teck and Newmont committed to taking urgent action to support a "nature-positive future" by 2030.

The company has applied for a 'substantially started' status, which, if approved, would make KSM's environmental assessment certificate valid for the life of the project.

First Quantum said the preservation plan at Cobre Panama entailed costs estimated at "tens of millions of dollars a month."

Annual production was impacted by challenges across operations through the year.

The company plans to reduce its Panama workforce to below 1,000 workers from about 1,400 workers.