Chile Copper Giant Codelco Hit by Another Mine AccidentHOT
Two workers are trapped after a mudslide at Codelco's El Teniente mine, less than two weeks after a fatal accident at another of the Chilean copper giant's sites.
# Copper3
Chile's Copper Giants Stumble as Chinese Demand Sets the PriceHOT
August output at Chile's Escondida and Collahuasi mines fell sharply, tightening global copper supply. LME copper jumped to $14,540 a tonne, a signal that the metal's price story is now written in Santiago and Shanghai.
Copper's Coming Crunch: Deutsche Bank Sees Prices Jumping 50%HOT
Deutsche Bank predicts copper could climb above $22,000 a ton within six months as buyers scramble for shrinking stockpiles. Tariff fears in the United States are pulling metal across the Pacific and tightening supplies everywhere else.
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