Louisiana Light • 2 days | 85.15 | -1.06 | -1.23% | |||
Bonny Light • 2 days | 87.76 | -0.66 | -0.75% | |||
Opec Basket • 2 days | 84.98 | -0.94 | -1.09% | |||
Mars US • 146 days | 77.67 | -1.57 | -1.98% | |||
Gasoline • 3 hours | 2.761 | +0.076 | +2.85% |
Bonny Light • 2 days | 87.76 | -0.66 | -0.75% | |||
Girassol • 2 days | 87.46 | -0.69 | -0.78% | |||
Opec Basket • 2 days | 84.98 | -0.94 | -1.09% |
Peace Sour • 7 hours | 74.10 | -0.27 | -0.36% | |||
Light Sour Blend • 7 hours | 73.60 | -0.27 | -0.37% | |||
Syncrude Sweet Premium • 7 hours | 82.35 | -0.27 | -0.33% | |||
Central Alberta • 7 hours | 74.00 | -0.27 | -0.36% |
Eagle Ford • 2 days | 77.83 | -0.27 | -0.35% | |||
Oklahoma Sweet • 2 days | 78.00 | +0.00 | +0.00% | |||
Kansas Common • 3 days | 71.75 | -0.50 | -0.69% | |||
Buena Vista • 4 days | 85.65 | +1.02 | +1.21% |
Texas pulled $8.5 billion from…
Turkmenistan's Foreign Minister announces an…
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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