Codelco acquires Enami’s 10% stake in Teck’s Quebrada Blanca mine The deal will contribute 25,000 to 30,000 tonnes of copper to Codelco's annual output. Staff Writer | September 5, 2024 | 10:27 am
Copper processing charges could fall further next year, says Cochilco Cochilco said it expects a deficit of 1.9 million tons of concentrates this year, pushing processing charges to $40 per ton this year. Reuters | September 5, 2024 | 9:41 am
Harmony targets first copper from Australia mine by 2028 Harmony acquired the Eva Copper project in Queensland in 2022 to diversify away from gold. Reuters | September 5, 2024 | 7:38 am
ACG completes acquisition of Gediktepe mine in Türkiye Gediktepe is currently producing gold and silver from oxide ore, but is expected to transition to primary copper and zinc production from 2026. Staff Writer | September 4, 2024 | 4:02 pm
Vale Base Metals begins dismantling structures at Copper Cliff smelter complex in Sudbury Dismantling of the copperstack and superstack marks the final chapter of the Clean AER project, VBM said. Staff Writer | September 4, 2024 | 2:48 pm
Carlyle’s Currie sees copper price capped at $9,500 on China demand The red metal has fallen 19% from May’s all-time high of $11,104.50, pressured by bloated inventories and signs that consumption in China is soft. Bloomberg News | September 4, 2024 | 9:42 am
Ivanhoe Mines’ Kamoa-Kakula achieves record copper production in August Copper complex in the DRC achieved a monthly production of 40,347 tonnes of copper in concentrate in August. Staff Writer | September 4, 2024 | 9:38 am
LME seeks to boost electronic trading, reassure physical users The measures attempt to navigate a recurring tension between traditional physical users and the financial community which prefers electronic trading. Reuters | September 4, 2024 | 7:07 am
Glencore’s Peru boss Soyer to step down after Volcan sale Glencore's head of Peruvian operations is stepping down from her position. Reuters | September 4, 2024 | 7:04 am