Tongling Nonferrous: Mirador Copper Mine Phase II Expansion Faces Delay

Eldorado Gold is evaluating a 43% expansion of processing capacity at the McIlvenna Bay copper-zinc mine in Saskatchewan, from 4,900 tpd to about 7,000 tpd, alongside a potential silver-lead circuit. More than 400,000 tonnes of material are available for processing as the operation ramps toward commercial production in Q3 2026. The existing feasibility plan targets average life-of-mine copper production of around 41 million lb (18.6kt) per year.

One and One Green Technologies has secured more than 2,000 tonnes of feedstock, including copper-bearing, nickel and electronic sludge, for its new metals recovery line in the Philippines. Equipment installation is underway and production is targeted before end-2026. The facility will recover copper, nickel, gold and silver from industrial and electronic waste, adding new local processing capacity for complex secondary metal feedstocks.

Ringkasan Pagi SMM: Semalam, tembaga LME dibuka pada $14.127/mt, turun ke level terendah $14.102,5/mt pada perdagangan awal, kemudian pusat harganya bergerak naik hingga menyentuh $14.292,5/mt, sebelum melemah dan ditutup pada $14.236,5/mt, naik 0,31%. Volume perdagangan mencapai 22.700 lot, dan open interest tercatat 268.600 lot, meningkat 3.229 lot dari hari perdagangan sebelumnya, didorong oleh posisi bullish. Semalam, kontrak SHFE tembaga 2610 yang paling aktif diperdagangkan dibuka pada 108.500 yuan/mt, turun ke 108.310 yuan/mt pada perdagangan awal, kemudian pusat harganya bergerak naik hingga menyentuh 108.760 yuan/mt, sebelum melemah dan ditutup pada 108.390 yuan/mt, naik 0,26%. Volume perdagangan mencapai 28.300 lot, dan open interest tercatat 206.000 lot, menurun 876 lot dari hari perdagangan sebelumnya, didorong oleh pengurangan posisi bearish.