Peru is approaching peak copper — for now — as new mines stall Output from the world’s biggest copper supplier after Chile this year jumped 20% through July from the same period in 2022. Bloomberg News | September 26, 2023 | 5:53 pm
Peru to keep copper and investments flowing with unrest in check The blockades that disrupted copper shipments and mine supplies late last year and early this year have been cleared. Bloomberg News | September 26, 2023 | 2:22 pm
BHP to make Peru the ‘protagonist’ of its South American exploration strategy The company will make an investment of $12 million to redouble its efforts in Peru. Staff Writer | September 26, 2023 | 2:10 pm
Codelco to meet obligations as financials deteriorate The world's largest copper producer will meet its financial obligations despite headwinds from operational problems and high levels of debt and investments, JPMorgan said. Reuters | September 26, 2023 | 1:23 pm
British Columbia gov’t rejects exploration permit application based on Indigenous opposition The permit was for the Torr Metals' Latham copper-gold claim north of the Red Chris mine. Nelson Bennett - Business in Vancouver | September 26, 2023 | 12:53 pm
K92 extends Trafigura partnership with $100 million loan, longer offtake The company expects first drawdown to occur in early to mid-Q4 2023. Staff Writer | September 26, 2023 | 9:27 am
Glencore bought at least 5,000t of Russian copper via Turkey – report The Financial Times reported the metal was sold by UAE-based entity Haldivor Energy and exported through Turkey to Italy’s Livorno port. Staff Writer | September 26, 2023 | 8:41 am
Panama union workers block highways over First Quantum copper mine contract The contract is under discussion in Panama’s legislative commerce committee. Bloomberg News | September 25, 2023 | 3:14 pm
Colombian mining sector needs clear government messaging for energy transition, group says Leftist President Gustavo Petro has made it his goal to wean the South American nation off its dependence on oil and coal exports. Reuters | September 25, 2023 | 1:27 pm