The investment bank expects a deficit of the metal, used for construction, industry and energy transition, which could reach 454,000 tons this year alone, and 467,000 tons in 2025. Join the WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Saturday, May 4 AFP 2024 Withdrawal: what is […]
Tag: copper
MEF considers that the economy is recovering: what are the reasons?
After recognizing the weakness of the Government, compared to its counterpart, the Congress of the Republic, the head of the Ministry of Economy and Finance (MEF), José Arista, reported, through his account in X, that his portfolio seeks to recover the investor confidence, “which requires the achievement of consensus and joint work.” “The Government promotes […]
Chile’s mining production increases 4.7% in March, driven by copper and lithium
Chile’s mining production increased 4.7% in March compared to the same month of the previous year, thanks to greater production of copper and lithium, the National Institute of Statistics (INE) reported on Tuesday. Chile is the world’s second largest producer of lithium behind Australia, and the largest producer of copper, with almost a quarter of […]
Argentina Central Puerto enters the Canadian mining company AbraSilver
The Argentine company Central Puerto, whose asset portfolio is focused on the generation of electricity, will enter the Canadian mining company AbraSilver with the purchase of 4% of its Actionsfor a total of 10 million Canadian dollars (US$7.3 million). In a statement sent this Monday to the Argentine markets, Central Puerto, whose shares are listed […]
Chile’s mining production increases 7.7% thanks to copper and lithium
The mining production of Chili increased 7.7% last February compared to the same month in 2023, thanks to greater activity, especially in the copper and lithium sectors, the National Statistics Institute (INE). Metallic mining grew by 5.5% “due to an increase in the extraction and processing of copper,” said the INE it’s a statement. With […]
Metal detector finds largest gold nugget ever found in England
A man specialized in metals came across the nugget of gold largest ever found in England after just 20 minutes of searching for these materials with its sensor, according to British media reports this Thursday. The lucky one is Richard Brock, 67, who has been using metal sensors in England for 35 years and found […]
Congo reaches 3.3 million MT of copper and surpasses Peru
As La República reported last January, with an annualized average price of US$3.85 per pound in the London Metal Exchange (LME)the Democratic Republic of Congo (RDC) recorded a production of almost 3.3 million metric tons (MT) of copper in 2023. In this way, it displaced Peru — which began the year with a 20% drop […]
Arrocha, a pragmatist who wants to promote Panama’s assets, including the controversial mine
The presidential candidate for free nomination, Melitón Arrocha, defines himself as a “pragmatic politician” willing to promote the strategic assets of Panama, including the controversy mine of copper closed in 2023, to face the storm that is seen on the horizon of the country that has been one of the countries with the greatest economic […]
Copper falls, weighed down by disappointment over Chinese central bank measures
Copper prices fell on Monday after China’s central bank held medium-term lending rates steady and the market focused on the country’s weakened property market, but falling inventories limited gains. losses. As reported by the Reuters agency, Wednesday’s session on the London Metal Exchange (LME) is likely to be characterized by volatility, while volumes are expected […]
In November 2023, the production of all metals took off in Peru
The production of all metals progressed in November 2023 compared to the ratios reached in the same month of the previous year, according to the Mining Statistical Bulletin (BEM) prepared by the Ministry of Energy and Mines (Minem). The report indicates that copper remains in the lead and at historic peaks. With the extraction of […]