AGP Executive Report
Last update: 11 hours agoCopper & Mining Outlook: Copper prices slid nearly 5% from record levels as traders weighed uncertainty over potential U.S. tariffs on refined metal, while supply signals point to the first annual mined-copper decline since 2017—raising pressure on miners’ margins and positioning. Chile Mining Development: Cobre Limited reported a first deep diamond hole since 2021 at its Sierra Atacama project, intersecting chalcopyrite-pyrite mineralisation and restarting a ramp-up with additional rigs, as underground drilling begins to target high-grade zones. UN & Chile’s Diplomatic Footprint: Former Chilean President Michelle Bachelet withdrew from the UN secretary-general race after a weak third Security Council straw poll, leaving the process with other Latin American and global candidates still competing. Food & Trade (Chile-linked): Morocco’s avocado campaign opens amid heavy winter competition from Chile, Colombia, Israel and others, with shipment timing becoming as important as volume for European buyers. Energy Transition Watch: A report on India’s “Viksit Bharat 2047” flags copper as a key bottleneck for electrification and infrastructure, stressing long lead times across mining, refining and recycling.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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