Chile copper outlook worsens as price forecast rises
Chile’s copper commission has cut its production forecasts for the world’s largest producer and raised its 2027 price outlook by 17% as mines struggle to…
Codelco
Codelco copper mine blockade adds to supply concerns
Workers at Codelco’s Ministro Hales copper mine in northern Chile blocked access to the operation for about six hours on Monday in a dispute over…
Avalanche adds to Chile’s copper supply pressures
A snow avalanche that killed two subcontractor workers at Codelco’s El Teniente mine on Sunday has added to mounting supply concerns in Chile, as extreme…
World Bank backs $1.4B for Chile’s copper giant
The World Bank Group is holding up a financing structure used by Chile’s state-owned Codelco as a model for mineral-rich countries seeking to attract long-term…
Copper mine supply risks first decline since 2017: Sprott
Global mined copper production could fall this year for the first time in nearly a decade even after prices hit records, as disruptions, declining grades…
Chile mines 1/4 of world’s copper, but smelts just 4%
Chile, the world’s largest copper producer, is mining nearly a quarter of global concentrate while smelting just 4.2% of the world’s copper, exposing a widening…
Antofagasta’s posts $2B profit, cuts copper outlook
Antofagasta (LSE: ANTO) has cut its 2026 copper production forecast after extreme weather shut its flagship Los Pelambres mine in Chile, overshadowing a 27% increase…
Codelco’s El Teniente setback deepens copper fears
Codelco’s decision to suspend development of the Andes Norte section at its flagship El Teniente mine could last as long as two years, according to…
Acid test: IEA warns copper supply outlook has “worsened considerably”
Copper’s sulphuric acid market has been thrown into chaos by the Middle East conflict and Beijing’s export ban, according to the International Energy Agency, which…
Codelco pushes Maricunga lithium project start to 2034
Chile’s state-owned copper giant Codelco said on Wednesday it now expects production from its Maricunga lithium project to begin in 2034 — a four-year delay…
Codelco chair puts profit ahead of copper output
Chile’s state-owned copper giant Codelco will prioritize profitability over production growth as it confronts heavy debt, declining output and governance challenges under new chairman Bernardo…
Anglo, Codelco seal pact to unlock $5B in copper
Anglo American (LSE: AAL) and Chilean state-owned miner Codelco have finalized a landmark agreement to combine development plans at their neighbouring Los Bronces and Andina…