copper market

Copper prices are closing in on record levels as declining inventories in major trading hubs point to tightening supplies in the physical market. The red metal has risen for a sixth consecutive session, supported by strong Chinese buying,…

MMG Limited has confirmed that mining and processing operations at its Las Bambas copper mine in Peru resumed on August 21, following a temporary suspension triggered by a fatal workplace accident. The operations were halted after an…

Santiago: Canadian miner Lundin Mining has lowered its 2026 copper production outlook for its Caserones operation in Chile after a second severe winter storm disrupted the mine’s power supply and delayed the recovery of operations. The…

London: A historic squeeze in the copper market has begun to ease as traders move more metal into warehouses registered with the London Metal Exchange (LME), helping relieve tightness in immediately available supplies. The increase in…

Copper prices moved back toward record levels as a halt at the smelter processing ore from Indonesia’s giant Grasberg mine intensified concerns over already-tight global supplies. The latest disruption has added fresh momentum to a copper…

London: Global mining giant Rio Tinto has reported its highest first-half earnings in four years, driven by robust copper prices and growing demand for the metal from the rapidly expanding artificial intelligence (AI) and data centre…

Santiago: Chile's state-owned mining giant Codelco has ruled out achieving its copper production target for the year, citing persistent operational difficulties, project delays, and declining ore grades that continue to impact output across…

Santiago: Canadian miner Lundin Mining has said it expects operations at its Caserones copper mine in northern Chile to resume within two to three weeks after severe winter storms disrupted mining activities and damaged key…

New Delhi: Global copper prices pulled back from record territory after investors turned cautious amid rising geopolitical tensions, despite a series of stronger-than-expected corporate earnings that had initially supported market…