Dollar plummets below $920 as COMEX copper hits record high above US$5.2
U.S.-traded copper futures rose 2.2% to US$5.21 per pound amid persistent speculative buying driven by tariff concerns. Latin American currencies … Read More
USA stockpiles chilean copper amid tariff threat and Codelco expects 50% more sales in the first quarter
The world’s largest economy is preparing for a possible tax on the metal. Chile accounted for 73% of cathode copper … Read More
The Next Steps of Compromiso Minero
Compromiso Minero is a network that brings together individuals from various sectors of the mining industry to promote opportunities for … Read More
Copper closes at US$5.1 for the first time since may in the U.S. market and is on the verge of a historic high
The current price represents an unusual premium of 12.6% over the quotation in London, due to tariffs being considered by … Read More
Copper rises due to U.S. and China policies, while the dollar falls by $15
The price of the red metal increased on the London Metal Exchange, and futures surged by more than 5%. The … Read More
Copper Price Surge Following Trump’s speech and China’s projections pushes dollar down
Chinese authorities confirmed yesterday that they expect to grow at a 5% rate this year, despite the trade war driven … Read More
70% of U.S. imported copper comes from Chile, and experts warn that imposing tariffs would be “Counterproductive”
Santiago and Washington have an active trade agreement that includes an anti dumping section, shielding both countries from such practices. … Read More
Chile’s share in the global copper market drops from 30% to 24% in a decade
The country retained its position as the world’s largest copper producer in 2024, slightly increasing its share compared to 2023. … Read More
Codelco Inc: the State-owned Company’s Network of alliances and agreements that position It as a global player
While the strategy of partnering with private companies intensified during Pacheco’s tenure, there were earlier periods of intense partnership activity, … Read More
Expert on ruling in favor of Dominga: “the Country’s credibility is at stake”
Juan Carlos Guajardo, founder and executive director of Plusmining, commented on the decision of the First Environmental Court of Antofagasta, … Read More
Copper mining costs in Chile have increased more than in the rest of the world
Experts point out that higher costs are due to older copper deposits, as well as environmental regulations and operational requirements … Read More
Codelco managed to halt production decline in 2024, but its gap with Escondida shrinks to a historic low
In 2024, the state-owned company recorded a total of 1.422 million tons of copper, a minimal drop of just 0.1%. … Read More
Trump’s Tariffs: “In the Case of the Mining Industry, theImpact Would Be Rather Limited”
The diversification of Chilean copper exports protects the industry, according to anexpert. However, a greater trade conflict would pose a … Read More
“Uncertainty Prevails”: The Impact of U.S. Tariff Increases
The President of the United States, Donald Trump, announced tariff hikes on various products and trading partners. The most recent … Read More
Codelco’s Own Production in 2024 Slightly Surpassed 2023, but Total Output Declined
Chile’s total copper production, including private companies, was only 1.7% higher than 20 years ago. By María José Giménez Máximo … Read More
US Tariffs on Copper Could Impact 11% of Chilean Metal Exports: Codelco Accounts for 45%
More than half of the refined copper imported by the world’s largest economy is produced by mining companies in Chile. … Read More
The Potential Impact on Chile of a Possible Mega-Merger Between Mining Giants Rio Tinto and Glencore
Both companies are reportedly in talks to merge their businesses. Collahuasi, Lomas Bayas, and Escondida are among their assets in … Read More
Codelco workers fear copper production push hard to maintain
Codelco pushed hard to lift its copper production from a 25-year-low at the end of 2024, but union workers and … Read More