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
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
Imperial Metals raises $12.5 million to fund Red Chris development The private placement represents the latest round of funding secured by Imperial for its BC mine projects. Staff Writer | August 16, 2023 | 9:23 am
Ivanhoe’s Kamoa Copper inks MOU to ship copper concentrate by rail Up to 10,000 tonnes of copper concentrate to be exported via Angolan Lobito Ocean Port in Q4 2023. Staff Writer | August 16, 2023 | 8:56 am
A united front: Addressing ESG issues to ensure the America’s copper mining industry thrives Both brownfield and greenfield mines in the region face issues of water stress. Hubert Fleming, Alexander Fortin and Julian Sparks | August 15, 2023 | 11:14 am