Copper Jul 22 (HG=F)
- Bloomberg
Chile Copper Mines Dodge Radical Changes as Convention Vote Ends
(Bloomberg) -- Copper producers from BHP Group to Freeport-McMoRan Inc. will avoid a major shakeup of mining rights in Chile -- at least for now -- after writers of a new constitution wrapped up deliberations. Most Read from BloombergGoldman’s Blankfein Says US at 'Very, Very High Risk' of RecessionMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionHow Omicron Infection Turbo-Charges Vaccinated People’s Immunity$11 Trillion and Counting: Global Stock Slump May Not Be OverTerr
- Bloomberg
China’s Coal and Gas Power Plummets as Covid Zero Hammers Demand
(Bloomberg) -- China’s electricity output plummeted last month as virus restrictions in Shanghai and other parts of the country pummeled economic activity from factory floors to steel mills and shopping malls.Most Read from BloombergGoldman’s Blankfein Says US at 'Very, Very High Risk' of RecessionMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionHow Omicron Infection Turbo-Charges Vaccinated People’s Immunity$11 Trillion and Counting: Global Stock Slump May Not Be OverTerra
- Reuters
Peru economy grows 3.79% in March, weighed down by mining protests
Peru's economy grew 3.79% in March compared with a year earlier, the country's statistics agency said on Sunday, with most sectors of the economy showing improvement, while the key mining industry shrank due to social conflicts hitting production. Peru is the world's No. 2 copper producer, but protests from indigenous communities in the Andes demanding higher benefits from the mining industry have affected production. In March, Southern Copper Corp's Cuajone copper mine was halted throughout the month.
