Chile's Copper Exports to China Reach 14,405 mt in September, Total Exports at 144,147 mt

Chile's mining regulator, the National Geology and Mining Service (SERNAGEOMIN), said state-owned miner Codelco partially suspended operations at its El Teniente mine on Sunday after a landslide killed two workers and left one survivor.In a post on social media platform X, SERNAGEOMIN said three workers from contractor Aura Ingenieria SA at the Teniente mine were inspecting the southern pit area around 1700 GMT when they were caught in a landslide. One worker was rescued, and the other two trapped workers were later found dead.

Waller said at the Bloomberg New Economy Forum in New Delhi that rising yields are doing "some of the work" to restrain demand, though this is not a result the US Fed actively pursued. He noted that higher long-end rates affect interest-rate-sensitive sectors such as housing and autos. Bond yields in the US and other major developed economies have climbed to multi-decade highs. Since mid-September, the cumulative implied rate hikes in swap contracts across eight major economies have fallen by nearly 200 basis points, and market expectations for further hikes have cooled markedly.

TreKor Metals reported combined copper production of approximately 18,600 tonnes from its Gibraltar mine and Florence Copper project in the third quarter of 2026. Gibraltar produced about 15,400 tonnes of copper and 172 tonnes of molybdenum, while Florence produced approximately 3,175 tonnes of copper cathode. Following strong operating performance at Gibraltar, TreKor raised the mine’s 2026 copper production guidance to 52,200–54,400 tonnes, from 49,900–52,200 tonnes. Florence’s 2026 production guidance was revised to 11,300–12,700 tonnes. Wellfield expansion remains about three months behind schedule, with full production capacity expected in early 2027. The update points to stronger output at Gibraltar, while Florence’s ramp-up remains slower than planned.