Yuguang Gold and Lead Group Reveals Mining Rights and Production Capacity of Ye Group's Mines

Polish copper producer KGHM said it is seeking mining investments in Europe and Morocco to secure ore supplies closer to its smelting operations in Poland. The company aims to reduce logistics costs and geopolitical risks through a “near-shoring” strategy for raw materials. KGHM is also considering converting older smelting facilities into recycling plants. Analysts say tight copper supply conditions are accelerating regional supply-chain restructuring across the mining sector.

Queensland and the Australian federal government have launched a A$600 million study aimed at securing the long-term future of the state’s copper industry. The initiative will focus on sustaining operations at the Mount Isa smelter and Townsville refinery while exploring broader industrial growth opportunities. Officials said the plan is designed to strengthen Australia’s critical minerals supply chain resilience and regional employment. Glencore also plans to invest A$2.5 billion in the region over the next six years.

Chile’s government announced on May 14 that Bernardo Fontaine will become the new chairman of state-owned copper giant Codelco. The leadership change comes as the company faces scrutiny over rising debt, budget overruns, and unusual production fluctuations reported late last year. Authorities have ordered an external audit and investigation into recent output inconsistencies. As the world’s largest copper producer, governance changes at Codelco are being closely watched by global copper markets.