Traders are losing confidence in China's copper market as problems in the metals industry continue to grow.
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Traders Abandon China’s ‘Copper King’ as Metals Woes SpreadMore than a dozen employees have left Shanghai-based copper traders affiliated with Chinese conglomerate Amer International Group Co. in the past few weeks, according to people familiar with the matter, in the latest sign of challenges facing one of China’s biggest private companies.
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Traders Abandon China’s ‘Copper King’ as Metals Woes Spread(Bloomberg) -- More than a dozen employees have left Shanghai-based copper traders affiliated with Chinese conglomerate Amer International Group Co. in the...
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Copper Extends Weekly Gain as Global Metal Inventories DeclineCopper edged higher after its first weekly advance in four, tracking gains in risk assets as the focus shifted to smaller global stockpiles of the material.
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Glencore reports lower copper, zinc and nickel production in 9M23, cuts nickel and ferrochrome guidanceA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
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Teck Resources Announces Retirement of COO Amid Cost Overruns at QB2 Copper MineTeck Resources Ltd. is parting ways with Harry “Red” Conger, one of the executives who oversaw the company’s gargantuan cost overruns at its QB2 copper mine. The Vancouver-based miner announced on Monday that Mr. Conger, who is chief operating officer (COO) and president, is retiring effective Wednesday.
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Panama Calls Referendum on First Quantum Copper Mine ContractPanama will hold a referendum on whether to revoke the controversial contract awarded to Canadian copper miner First Quantum Minerals Ltd., as the government tries to calm mass unrest triggered by the deal.
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