Copper Makes Slight Gains as Chile Port Strike Hampers Supply
Amid dismal economic data out of Europe, copper made slight gains from an eight-month low as Chile’s port strike caused a supply squeeze.
Articles Tagged "Chile"
Chilean Copper Production Climbs in February
Reuters reported that February copper production in Chile rose by 2.8 percent from a year earlier.
Port Strike in Northern Chile Delays Copper Shipments, Threatens Other Ports
Bloomberg reported that a port strike in Northern Chile is resulting in shipment delays.
Striking Workers at Escondida End Protest
Mining Weekly reported that labour unrest from striking contract workers at Chile's Escondida mine has ended.
January Chilean Copper Output Jumps 8 Percent
Mining Weekly reported that Chilean copper output rose by 8 percent in January
Ecuador Looks to Sweeten Deal for Miners as Locals Promise Opposition
Codelco is the latest mining company poised to start operations in Ecuador. But even as President Rafael Correa prepares a more investment-friendly mining law, local communities and environmentalists are promising to put up a fight.
Escondida 2012 Copper Output Jumps 31.6 Percent
Reuters reported that output from the world's largest copper mine, Escondida, jumped up by 31.6 percent in 2012.
Chile Sees 2013 Copper Production Boost Contributing to Global Surplus
Chile’s copper output could hit a new record this year as BHP Billiton squeezes more life out of the world’s largest copper mine, Escondida. As such, the company may be complicit in tipping the global supply-demand balance into a surplus — and ultimately putting pressure on copper prices.
Chile’s 2012 Copper Output Rises by 3 Pecent
Mining Weekly reported that Chile's copper output fell marginally in December, but registered an increase of 3 percent for total output in 2012, year-over-year.
Copper Rebounds as Chinese Exports Jump
Copper prices regained some traction on encouraging export figures from China, but signs that Chinese manufacturers are taking advantage of existing copper stockpiles have prevented investors from pushing the red metal back to the two-and-a-half-month high it reached at the start of the year.
