Fitch sees scope for ‘digestible’ tax hike on Chile copper mines Chile can raise the tax burden for copper producers by about 5 percentage points without significantly affecting the industry, according to Fitch Ratings. Bloomberg News | April 14, 2023 | 11:21 am
Copper price is rallying but China stimulus could be “phantom tailwind” Recent stimulus in China, consumer of half the world's copper, is the weakest in 20 years relative to the size of its economy -- report. Frik Els | April 14, 2023 | 9:53 am
MMG mining copper at capacity in Peru and trimming stockpiles after protests Stockpiles of semi-processed copper at the Las Bambas mine site are “being progressively reduced,” the company said. Bloomberg News | April 14, 2023 | 9:35 am
Codelco hires Hartree’s head of Chile for refined copper role Francisco Zuniga will join Codelco in May after almost two years at Hartree Partners LP. Bloomberg News | April 14, 2023 | 8:24 am
Mexico’s mining law overhaul could cost $9 billion in coming years, says mining chamber The head of Mexico's mining chamber issued a stark warning against the proposal, saying it could cost the country up to 420,000 direct jobs. Reuters | April 14, 2023 | 7:45 am
Teck’s top shareholder backs Glencore takeover CIC, which holds slightly over 10% of Teck’s Class B shares, says Glencore's bid would allow for a cleaner exit for investors. Cecilia Jamasmie | April 14, 2023 | 6:56 am
Industrial contamination may no longer be contained by Arctic permafrost — study Industrial legacy buried in the Arctic permafrost or deposited on its surface may no longer be contained by the frozen soil, researchers have found. Staff Writer | April 14, 2023 | 6:06 am
Lundin’s bid for Chilean copper hints at returning investor optimism Analysts see Lundin move as an indication that investors may be regaining confidence in the world no.1 copper-producing country. Reuters | April 14, 2023 | 4:02 am
Chile mining minister sees copper ‘production slump’ reversing Copper production should pick up in the coming years after a recent slump, mining minister Marcela Hernando said. Reuters | April 13, 2023 | 2:02 pm