Los Andes Copper weighs funding options for Chile project including sale The company was recently authorized to restart drilling at Vizcachitas after fulfilling conditions laid out by an environmental court. Bloomberg News | July 3, 2023 | 2:39 pm
ING sues legendary Chinese copper trader over $147 million debt Amount involves overdue payments owed by Triway International Ltd., a trading arm of Maike Metals International, founded by He Jinbi. Bloomberg News | July 3, 2023 | 5:20 am
Glencore offers to buy rest of PolyMet for $71m The move will give Glencore a direct ownership of NorthMet, poised to be Minnesota’s first copper-nickel mine. Cecilia Jamasmie | July 3, 2023 | 3:34 am
Zambia to pick investor in Mopani Copper Mines this month China’s Zijin Mining, Norinco Group, Sibanye Stillwater and an investment vehicle owned by ex-Glencore officials are shortlisted to buy Mopani. Bloomberg News | July 2, 2023 | 3:03 pm
Copper price rises despite slow recovery in China "There is no end in sight in the near future to the gloomy sentiment surrounding China's economic recovery," Commerzbank said. MINING.COM Staff Writer | June 30, 2023 | 9:39 am
Mopani Copper Mines losses deepen amid search for new investor Its financial losses widened to $298 million from $74.2 million in 2021. Reuters | June 30, 2023 | 7:12 am
Chile copper output falls 14% y/y in May The world's largest copper producing nation, which accounts for a quarter of the world’s mined metal, has seen its output stagnate Reuters | June 30, 2023 | 5:48 am
Boliden partially restarts Ronnskar production after fire, to lay off 190 people The Swedish company expects all production lines at Ronnskar, except the destroyed electrolytic refinery, to be ready for production in July. Reuters | June 30, 2023 | 4:38 am
Electrical accident at Chile’s El Teniente copper mine leaves one dead El Teniente is an underground copper mine located in the Chilean Andes, 2,300 metres above sea level. Reuters | June 29, 2023 | 2:54 pm