September 7, 2023 Codelco seals early contract deal with El Teniente supervisors’ union The proposal will take effect from November, valid until 2026.
September 7, 2023 Peru copper production rises 17.7% y/y in July The rise is thanks to the "optimal performance" of miner Marcobre, controlled by Peru's Minsur and Chile's Copec.
September 7, 2023 China’s CMOC to boost Congo copper output after ending row with Gecamines The group will raise its copper output in Democratic Republic of Congo to 600,000 metric tons next year.
September 7, 2023 Copper price falls while China imports decline China's copper imports declined 5% in August from a year earlier.
September 7, 2023 Saudi Arabia’s crown prince looks to metals as new source of wealth Prince Mohammed bin Salman is prepared to pour billions of dollars into tapping the more than $1.3 trillion of metals his government says is buried in the country.
September 7, 2023 Vale Base Metals to invest $10 billion in Indonesia over next decade Vale is exploring a copper mine, comparable to massive Grasberg site.
September 7, 2023 ICMM releases guidelines to tackle Scope 3 emissions Document provides a standardised framework for mining and metals firms to calculate and disclose their value chain emissions.
September 6, 2023 Chile’s miners ready to absorb higher domestic royalties, Fitch says "Chile's new mining royalty law will not materially weaken the competitiveness of the country's copper mining sector, but it will increase taxes, modestly pressuring miners' cash flows," Fitch said.
September 6, 2023 EU lawmakers see recycling as key in search for critical minerals The industry committee of the European Parliament will vote on its position on Thursday on the Critical Raw Materials Act.
September 6, 2023 Ivanhoe Electric’s assessment for Santa Cruz project details new source of ‘green’ copper in US The study estimates an after-tax net present value of $1.3 billion with an after-tax internal rate of return of 23%.
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