Copper price

April 17, 2024
Antofagasta Quarterly Production report – analysis

Antofagasta plc CEO, Iván Arriagada said: “Production and cost performance at our mine sites over the quarter was in line with our expectations, with lower grades at Centinela during the period, and Los Pelambres product inventories increasing due to the extended concentrate pipeline maintenance and cleaning activities in February. This production, which is the equivalent of 27kt1 of...

December 5, 2023
Copper back up to £9.64/kg

The price of copper has increased slightly over the last month, back to September levels, while LME bonded stock has held steady at 175 kT. The Global economic outlook remains depressed while investment is still going into “Green” investments, all of which need copper. At the moment demand seems to be matching supply and I...