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Chilean President Gabriel Boric told a major copper industry conference on Wednesday he expects production at state-run miner Codelco to grow slowly this year and reach 1.7 million metric tons by 2030, and that he sees copper prices rising. "The Codelco production will rebound," he said, offering a vote of confidence for the country's top copper producer whose output last year hit a quarter-century low, at 1.325 million metric tons. At a time when global companies have raised concern about long approval times for new mines and expansions, he said Chile, the world's bigge...

Operations have been suspended at the La Compagnie Minière de Musonoie (COMMUS) copper and cobalt mine in the Democratic Republic

By Daina Beth Solomon, Fabian Cambero and Ernest Scheyder SANTIAGO (Reuters) - Chile's state-run copper miner Codelco must focus on boosting its production, but it has a global prestige that would not be tarnished if it cedes its role as Chile's to...

BHP (ASX:BHP) increasingly loves copper, especially in South Australia, where it took a $9.6 billion punt in 2022-23 by purchasing OZ Minerals, a move that is now paying off in spades. Copper is pouring out of the company’s three mines in South Australia, led by Olympic Dam, arriving just in time to catch the recent rebound in prices to a 16-month high earlier this month of $US4.4385 a pound on Thursday. These are the highest copper prices since May 2022, in the wake of the Russian invasion of Ukraine.

Codelco Copper: Chile's state-run copper miner Codelco is focusing on boosting production and maintaining its global prestige, as per Chile's mining minister. The article discusses Codelco's efforts to increase copper output and its position in the global market compared to rival BHP.