Copper drops as mystery buyer keeps cover

With a personal investment of $225 million on the line, much is at stake for Rob McEwen with the success of McEwen Copper’s flagship Los Azules project in Argentina.

The Chuquicamata mine, located in northern Chile, is one of the largest open-pit copper mines.

The miner's output was 3% lower than expected.

Peru's top mining association SNMPE expects the country's 2025 copper output to hit around 2.8 million metric tons, matching 2023.