Louisiana Light • 2 days | 93.55 | -0.08 | -0.09% | |||
Bonny Light • 22 hours | 96.23 | -1.40 | -1.43% | |||
Opec Basket • 2 days | 97.48 | +2.17 | +2.28% | |||
Mars US • 5 hours | 88.89 | -0.92 | -1.02% | |||
Gasoline • 8 hours | 2.440 | -0.065 | -2.61% |
Bonny Light • 22 hours | 96.23 | -1.40 | -1.43% | |||
Girassol • 22 hours | 97.26 | -1.46 | -1.48% | |||
Opec Basket • 2 days | 97.48 | +2.17 | +2.28% |
Peace Sour • 12 hours | 86.21 | -1.97 | -2.23% | |||
Light Sour Blend • 12 hours | 86.71 | -1.97 | -2.22% | |||
Syncrude Sweet Premium • 12 hours | 95.31 | -1.97 | -2.03% | |||
Central Alberta • 12 hours | 84.51 | -1.97 | -2.28% |
Eagle Ford • 2 days | 88.19 | +1.32 | +1.52% | |||
Oklahoma Sweet • 2 days | 88.25 | +1.25 | +1.44% | |||
Kansas Common • 3 days | 84.00 | +3.25 | +4.02% | |||
Buena Vista • 3 days | 98.88 | +2.54 | +2.64% |
Despite the strong bullish sentiments…
Amidst increasing tensions with Russia…
MINING.com
MINING.com is a web-based global mining publication focusing on news and commentary about mining and mineral exploration. The site is a one-stop-shop for mining industry…
Copper price jumped on Monday as investors assessed the decision by Chile to close its borders during April due to a spike in covid-19 cases.
Copper for delivery in May was up nearly 4% in afternoon trade, with futures at $4.1390 per pound ($9,125 a tonne) on the Comex market in New York.
The world’s top exporter of the metal closed its borders for a month as reported a daily record of 7,830 infections last week, an all-time high for occupied hospital beds, and a nationwide positivity rate of 11%.
Chilean citizens and foreign residents are forbidden from entering or leaving the country. All truck drivers are required to present a negative PCR test carried out in the 72 hours before entering the country.
The stepped-up border restrictions may disrupt mining activities by delaying equipment replacement.
Chile’s copper mines produced 430,100 tonnes in February, a decline of 4.8% compared to the same period of 2020.
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Last week, Codelco clinched a deal with workers at its Radomiro Tomic mine after they accepted a new contract offer, defusing worries about a potential strike.
By Mining.com
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