London Metal Exchange mulls adding warehouse in Hong Kong The LME is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China. Bloomberg News | June 27, 2024 | 7:40 am
Antofagasta lowers copper treatment fees for some Chinese smelters The miner has agreed a sharp reduction to copper treatment and refining charges to $23.25 a metric ton and $2.325 cents a pound. Reuters | June 27, 2024 | 7:22 am
Vale expects to regain Onca Puma and Sossego copper mine licences Both licenses are expected to be reinstated within 48 hours. Reuters | June 27, 2024 | 7:17 am
Panama’s short-term economic outlook uncertain after mine closure, IMF says Key risks to Panama's economy include a potential loss of investment-grade status from credit rating agencies, further social unrest and international arbitration proceedings. Reuters | June 27, 2024 | 7:13 am
Codelco copper output falls behind target in May, document shows The mining firm, which has yet to publicly release data for May, produced 103,100 metric tons of the red metal in the month. Reuters | June 26, 2024 | 1:22 pm
Andurand ditches famed oil trades for copper and cocoa The pivot comes as the firm recovers from a record loss last year, ending a three-year winning streak. Bloomberg News | June 26, 2024 | 11:56 am
Trafigura clinches share of major zinc deal snubbed by Glencore Production from Ivanhoe's Kipushi zinc mine in Congo will now be split between several new buyers. Bloomberg News | June 26, 2024 | 9:59 am
Vedanta in talks with IHC unit, investors for Zambian copper stake sale The KCM assets have also attracted interest from other investors, said Vedanta's chief executive for base metals. Reuters | June 26, 2024 | 8:47 am
Capstone produces first saleable copper concentrate at MVDP in Chile The MVDP is expected to enable the mine to process 236 million tonnes of copper sulphide reserves over a life of 20 years. Staff Writer | June 26, 2024 | 8:42 am