Codelco to meet obligations as financials deteriorate The world's largest copper producer will meet its financial obligations despite headwinds from operational problems and high levels of debt and investments, JPMorgan said. Reuters | September 26, 2023 | 1:23 pm
British Columbia gov’t rejects exploration permit application based on Indigenous opposition The permit was for the Torr Metals' Latham copper-gold claim north of the Red Chris mine. Nelson Bennett - Business in Vancouver | September 26, 2023 | 12:53 pm
K92 extends Trafigura partnership with $100 million loan, longer offtake The company expects first drawdown to occur in early to mid-Q4 2023. Staff Writer | September 26, 2023 | 9:27 am
Glencore bought at least 5,000t of Russian copper via Turkey – report The Financial Times reported the metal was sold by UAE-based entity Haldivor Energy and exported through Turkey to Italy’s Livorno port. Staff Writer | September 26, 2023 | 8:41 am
Panama union workers block highways over First Quantum copper mine contract The contract is under discussion in Panama’s legislative commerce committee. Bloomberg News | September 25, 2023 | 3:14 pm
Colombian mining sector needs clear government messaging for energy transition, group says Leftist President Gustavo Petro has made it his goal to wean the South American nation off its dependence on oil and coal exports. Reuters | September 25, 2023 | 1:27 pm
Antamina expects to start lifespan extension works next year The project aims to extend the exploitation of the mine for eight more years. Reuters | September 25, 2023 | 9:44 am
Gates, Bezos-backed KoBold Metals to build copper mine in Zambia within 10 years The California-based firm is spending about $150 million to speed up additional exploration at its Mingomba project. Cecilia Jamasmie | September 25, 2023 | 5:59 am
Glencore-backed zinc miner is getting crushed in the debt market Volcan Cia Minera’s dollar-denominated notes closed as low as 49.5 cents on the dollar last week. Bloomberg News | September 22, 2023 | 2:24 pm