Page 127 - Codelco News Today

Mining heavyweights such as BHP and Anglo American have nothing to fear if former student protest leader Gabriel Boric becomes Chile’s next president, according to one of his top advisers.

[copper for LME delivery closed lower pending Fed meeting results] 17:00 London time (01:00 Beijing time)), LME copper for three-month delivery fell $37.00, or 0.39%, to settle at $9458.50 a tonne, giving up earlier gains, down nearly 10 per cent since hitting a five-month high on Oct. 18.

London copper prices advanced on Thursday after the U.S. Federal Reserve signalled no immediate hike in interest rates to sustain a recovery in economic growth and employment. ...

London copper prices advanced on Thursday after the U.S. Federal Reserve signalled no immediate hike in interest rates to sustain a recovery in economic growth and employment.

SMM understood that Codelco plans to set the benchmark premium for long-term contracts of copper cathode to China in 2022 at $105/mt, much higher than the $88/mt in 2021. Many domestic traders have received offers, but none have accepted them.

The worst performers among 53 major metal companies ranked for risks and readiness in a net-zero emissions scenario were an Australian iron ore miner and steelmakers from Russia and India.

The world’s biggest copper miner has offered Chinese customers annual copper supply for 2022 at a premium of $105 a tonne.

What are the best copper stocks on the TSX so far this year? These five companies have seen the biggest gains year-to-date.

Robusta coffee futures rose in an increasingly volatile market, with prices buoyed by logistical snarls and rising demand for beans ahead of the world’s peak consumption season. The ICE front-month robusta contract climbed 7.5 percent this month after reaching a decade high last week amid larger-than-expected drawdowns of inventories. Certified stocks of arabica coffee in ICE warehouses dropped by 9.1 percent this month, while robusta inventories are down 4.9 percent to their lowest in a year...

A 7.6% dip in the Chilean state company’s production from the third quarter of last year offers little relief for a tight global market.