Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
13 May 2025 | Other

Codelco and Rio Tinto plan to increase copper mining volume in Chile — Reuters

Copper
Codelco and Rio Tinto plan to increase copper mining volume in Chile — Reuters

Chilean copper producer Codelco and global mining company Rio Tinto are planning to develop a copper mining district around their joint Nuevo Cobre project in the Atacama region of northern Chile. Codelco representatives reported this as a part of yesterday's announcement.

Moreover, in this statement the company denoted the terms of a new agreement, which involves a creation of a shared committee and joint funding of preliminary studies. They will be carried out during the first year with the possibility of further extension.

According to Rio Tinto’s CEO Jakob Stausholm, one of the key intentions of both companies will be to increase the welfare of the area by creating infrastructure.

Elizaveta Kuzmicheva MarketCheese

Recommended

South Africa. Mining Production. The value of the indicator has decreased from -7% to -12.7%
Yesterday at 9:30 AM
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 85.4K to 69.4K
9 October
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 90.5K to 85.4K
2 October
United States. CFTC Copper speculative net positions. The value of the indicator has increased from 75.1K to 90.5K
25 September
South Africa. Gold Production (YoY). The value of the indicator has increased from -7.3% to -5.7%
Yesterday at 9:30 AM
Top news
United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
6 October
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.6% to 0.1%
6 October
United States. Nonfarm Payrolls. The value of the indicator has decreased from 133K to 29K
2 October
United States. Unemployment Rate. The value of the indicator has increased from 4.1% to 4.2%
2 October
European Union. CPI (MoM). The value of the indicator has increased from 0.4% to 0.6%
2 October
All news

Forecasts

USDCAD buy
Period: 14.11.2026 Expectation: 3000 pips
Buying USDCAD amid Canada’s weak economic performance
Indicators and reports FA Other Chart analysis Hot news
Today at 06:38 AM 4
Reed_Marcus
BTCUSD sell
Period: 13.11.2026 Expectation: 3100 pips
Go short on Bitcoin down to $80,500
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 08:55 AM 18
Reed_Marcus
Gold buy
Period: 30.11.2026 Expectation: 10000 pips
Invest in gold from $4,150 per ounce
FA Other TA Other
Yesterday at 07:51 AM 19
McCarthy_Raymond
AUDUSD buy
Period: 13.11.2026 Expectation: 1400 pips
Buy AUDUSD with 0.71000 in sight
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 07:19 AM 30
Sinclair_John
Silver sell
Period: 12.11.2026 Expectation: 5500 pips
Selling silver down to $55.50
Indicators and reports FA Other Hot news Indicators
12 October 2026 23
Sinclair_John
S&P 500 buy
Period: 26.10.2026 Expectation: 165 pips
Go long on SPX with 8,000 target
Indicators and reports FA Other Hot news Indicators
12 October 2026 42
Reed_Marcus
Go to forecasts