Copper
Coverage of Copper in the Nexus archive.
- Rare $1 Billion IPO Rush Seen in Zambia After Election
Following a presidential election, Zambia's stock exchange anticipates bringing a record $1 billion of initial public offerings to market. This surge is expected as Africa’s second-biggest copper producer benefits from soaring prices for the metal.
- Supply Crunch Grips Copper Market as Key Spread Flares Out
Copper faced turbulent trading after a key indicator of short-term supply tightness spiked on the London Metal Exchange. The spike suggests continued concerns regarding the copper market's supply availability.
- Burning copper for cash: Nations-area homeless camp raising concerns in West Nashville
A homeless encampment located in Nashville’s Nations area has become a source of concern. The activity described involves burning copper for cash, leading to concerns among police and nearby residents.
- Copper Heads Toward Record High on LME as Supply Tensions Build
Copper extended a seven-week rally and is heading toward record highs. This increase reflects a widening key price spread on the London Metal Exchange, which signals rising competition for short-term supply.
- Copper Crunch Worsens as Key Spread Heads for Highest Since 2021
Copper spot prices are currently surging above later-dated futures, a condition known as backwardation. This situation was observed on the London Metal Exchange and is described as a hallmark of a deepening squeeze on supply.
- How a niche copper trade became a real-time gauge of Trump’s next tariff move
A niche copper trade has become a real-time gauge of U.S. tariff risk. The widening price of copper between two metals exchanges is currently offering investors this indicator, linking the commodity's movement to potential tariff moves by Trump.
- Why copper — ‘the commodity for all seasons’ — is more precious than gold nowadays
Panumre Liberum argues that copper is highly valuable, suggesting it is more precious than gold nowadays. They claim copper offers the inflation protection of gold while also providing an industrial-backed demand growth story and relative immunity to movements in interest rates.
- Indonesia Copper Shipments Delayed by Gresik Smelter Outage
Copper shipments from Indonesia are experiencing delays because a smelter processing ore from the Grasberg mine has been halted. The facility's operations ceased over the weekend due to a boiler leak.
- Barrick Mining: Q2 Earnings Snapshot
Barrick Mining Corporation reported a second-quarter profit of $1.22 billion, achieving 73 cents per share, with adjusted earnings reaching 82 cents per share. These results surpassed Wall Street expectations and the company posted revenue of $5.29 billion in the period. Shares have seen an overall climb of 86% over the last 12 months.
- Copper Holds $14,000 as Weaker US Rate Outlook Boosts Metals
Copper traded within a narrow range despite having achieved gains for six straight weeks. This trend was supported by tightening global supplies and diminished worries regarding U.S. interest-rate hikes, contributing to a boost in metals prices.
- Copper Heads for Record Close in London on Tighter Global Market
Copper headed for a record close in London. This increase was fueled by strong gains attributed to signs of tighter supply circulating across the global market.
- Copper floods US as traders try to get the jump on Trump tariffs, but ‘Taco’ trend looms
Copper shipments into the US have surged to a 12-year high amid fears of Trump's proposed tariffs on cathode imports. Analysts caution that if Trump cancels the tariffs, as seen in past 'Taco' scenarios, copper prices may decline in the short term.
- Glencore Profit Jumps on Trading Boom and Record Copper
Glencore Plc reported a significant increase in profits driven by higher commodity prices and strong performance in its trading unit. The company attributed the surge to a boost in copper prices and elevated energy prices caused by the Iran war.
- Copper Jumps on China Demand Hopes; Southern, Freeport Surge
Copper prices and shares of Southern Copper and Freeport-McMoRan rose due to expectations of increased Chinese demand and fresh stimulus signals. Copper futures (CPER) also gained as a result.
- Bachelet-led panel urges Latin America not to choose sides in US-China rivalry
A commission co-chaired by Michelle Bachelet and Ivan Duque urges Latin American countries to avoid aligning with the United States or China and leverage their lithium and copper reserves for stronger negotiations, while noting constraints in security, technology, and infrastructure.
- Copper Marches Closer to $14,000 as Flows to US Tighten Market
Copper prices rose to a two-month high near $14,000 a ton in London as traders tracked increasing US copper volumes ahead of a potential decision on import tariffs by President Donald Trump.
- Police arrest gang for stealing copper and aluminum wires in Prakasam district
Police in Prakasam district arrested a gang involved in stealing copper and aluminum wires. The incident highlights ongoing security concerns related to theft of valuable materials.
- Copper Slips with China Data; Chile, Peru Supply in Focus
Copper futures declined due to weaker Chinese manufacturing data, with Southern Copper and Freeport-McM shares falling. Chile and Peru's supply dynamics are highlighted as key factors influencing the market.
- Copper Set for Monthly Gain on Tightening Global Supply Outlook
Copper is expected to post a monthly gain due to tightening global supply, driven by increased material flows to the US ahead of a Trump administration decision on import tariffs.
- LatAm Pre-Open — Thursday, July 30, 2026
Latin America pre-open shows B3 futures declining in line with Wall Street. Market attention is on Chile's copper and retail data, Mexico's GDP figures, and Brazil's budget announcement.
- Base Metals Advance as Fed Rate Pause Eases Demand Concerns
Copper, aluminum, and zinc prices increased following the US Federal Reserve's decision to maintain interest rates, which alleviated worries about industrial demand. The Fed's rate pause is seen as easing concerns over potential demand slowdowns in the metals market.
- Chile Private Mining to Pay Record US$8 Billion to State
Chile's private mining sector will pay a record US$8.039 billion to the state in 2026, a 32% increase from 2025. This amount represents 9.1% of the projected central government revenues for the year, driven by high copper prices and strong export volumes.
- Copper slides as China demand questions grow
Copper prices fell as miners face pressure due to uncertain demand from China, the energy transition's impact, and Latin America's significant role in future supply.
- Wholesale Cash Prices
The article reports Tuesday's wholesale cash prices for various agricultural and commodity products, including broilers, cheese, coffee, eggs, hogs, and grains. Prices for items like Brazilian coffee and Iowa hogs show slight increases compared to Monday, while others like corn and oats see declines.
- Wholesale Cash Prices
The article reports wholesale cash prices for various commodities including broilers, cheddar cheese, coffee, eggs, flour, hogs, pork loins, steers, grains, feeds, fats, oils, copper, cotton, and coal. Prices for some items like Brazilian coffee and Iowa-South Minnesota hogs increased, while Colombian coffee and corn prices decreased slightly.
- Chile Markets: IPSA & the Peso — July 24, 2026
The S&P IPSA declined 0.84% to 10,917, the Chilean peso weakened past 945 per dollar, and Copec fell 4.4% as copper prices dropped on July 23. The session wrap highlights market losses linked to falling copper and corporate performance.
- Gold mine at Jonnagiri renamed as Swarnagiri Gold Mine
The Jonnagiri gold mine in Tuggali mandal has been renamed Swarnagiri Gold Mine. It spans 597.820 hectares and produces gold, silver, copper, lead, and zinc.
- Southern Copper Secures El Pilar Permits in Sonora
Southern Copper has secured permits for the El Pilar project in Sonora, Mexico, with a budget of US$551 million, located 45 km from the Buenavista mine. The project includes 317 million tonnes of proven and probable copper ore and is expected to produce 36,000 tonnes of copper cathodes annually over 13 years.
- Congo-Kinshasa: From Lithium to Nickel - How the UN Is Helping Countries Make the Most of Critical Minerals
The UN is helping countries optimize the use of critical minerals like lithium, nickel, cobalt, and copper amid rising global demand driven by the transition to clean energy.
- Copper Market Moves: Miners Rally as Futures Slip
Copper futures declined as major miners saw gains, driven by supply risks from Chile and Peru and sustained long-term demand from China amid the energy transition. The article highlights the interplay between regional supply challenges and global demand factors affecting the copper market.
- Chile hunts for copper buyers beyond China with US$100 billion mining plan
Chile aims to diversify its copper export markets beyond China and attract US$100 billion in mining investment over the next decade, as stated by Foreign Minister Francisco Perez Mackenna at a Bloomberg summit in Singapore. The move is part of efforts to reduce reliance on Chinese demand for copper.
- Grupo México Profit Jumps 79% as Copper Prices Rally
Grupo México's net profit surged 79% to US$2.20 billion in Q2 2026, driven by a 30.5% year-on-year increase in copper prices to US$6.16 per pound. Revenue rose 35% to US$5.71 billion, though copper production declined 3.7%.
- Chile Markets: IPSA & the Peso — July 22, 2026
Chile's S&P IPSA increased by 0.52% on July 22, 2026, driven by gains in SQM-B and BCI, while the peso weakened slightly. Copper prices stabilized after a challenging week for the lithium industry.
- Copper Wavers Near $14,000 as Traders Watch for Trump’s Tariff
Copper prices wavered near $14,000 as traders awaited a potential announcement from the White House regarding import tariffs on the metal. The price pulled back from its highest level since early June amid uncertainty over Trump's tariff plans.
- Copper Wrap: Prices Jump, Miners Surge – July 22, 2026
Copper prices increased due to expectations of higher demand from China, the energy transition trade, and stronger performance from Latin American miners. Chile remains the top copper producer, with Peru maintaining its position.
- Copper: The Daily Wrap — July 20, 2026
Copper futures and the CPER tracker declined on Monday, influenced by supply risks in Chile and Peru and China's demand dynamics. The market movement tests the energy-transition narrative in the copper sector.
- Chile Markets: IPSA & the Peso — July 18, 2026
Chile's S&P IPSA stock index fell 1.49% to 10,783.72, and the peso weakened to 935.75 per dollar on July 18, 2026, driven by concerns over copper prices and a risk-averse market sentiment. The decline reflects heightened nervousness in Chilean financial markets.
- Wholesale Cash Prices
The article reports on recent wholesale cash prices for various commodities, including decreases in Brazilian and Colombian coffee prices and increases in corn and soybean prices. Other notable changes include stable prices for eggs and flour, while wheat and copper prices also saw fluctuations.
- DR Congo unseals Glencore offices in latest tax dispute twist
DR Congo's finance minister ordered the removal of seals on Glencore's Kamoto Copper Company offices amid a multibillion-dollar tax dispute. President Félix Tshisekedi emphasized avoiding heavy-handed measures to protect investor confidence, while the government and Glencore continue negotiations. The tax authority claims Glencore owes billions, which the company disputes.
- Kinshasa Questions Credibility of Key American Player in DRC Minerals
The U.S. and DRC signed a Strategic Partnership Agreement in December 2025 granting preferential access to minerals like cobalt, copper, coltan, and lithium in exchange for security cooperation. A coalition of Congolese lawyers petitioned the Constitutional Court on 21 June 2025 to invalidate the agreement, claiming it was never submitted to the court.