Commodities
Refining and new buyers anchor Chile's $100 billion copper strategy
The world's largest copper producer wants a decade of investment, more refined-metal sales and additional buyers, while keeping China as a central customer.
Etiqueta: <span>Commodities</span>
Commodities
Panama weighs state miner as path to reopen Cobre Panama
Panama is studying a state-owned mining company that could partner with First Quantum Minerals and provide a legal structure for reopening Cobre Panama, a copper mine closed since 2023 after a constitutional ruling.
Commodities
Teck beats profit expectations as copper prices and output strengthen
The Canadian miner reported adjusted earnings well above market expectations after copper prices rose sharply and production increased, reinforcing investor focus on critical minerals and the company's pending combination with Anglo American.
Commodities
Oil Surges Past $90 as Houthis Threaten Saudi Red Sea Exports
Oil prices surged past $90 per barrel after Yemen's Houthi rebels declared a maritime blockade on Saudi vessels, threatening Red Sea exports. Brent crude rose 1.8% to $90.85, while WTI gained 1.8% to $83.97. Saudi Arabia has increased Yanbu exports to 4 million b/d, with 2.5 million b/d at risk from Houthi action.