Chilean state-run miner Codelco is expected to produce 1.344 million metric tons of copper in 2026, up about 10,000 tons from last year, Chairman Maximo Pacheco said on Monday.
RBC Capital Markets has lifted the curtain on Q4/25 reporting season for North American base-metals names, arguing copper's surge above US$6/lb has reset investor expectations but not fully equity pricing. In a January sector preview, analysts at the Canadian bank said supply disruptions, elevated US inventories and demand drivers have pushed the metal to records, while copper equities trade at richer multiples yet still imply an average long-term copper price around US$4.39 to 4.49/lb, a material discount to spot.
Growth in the artificial intelligence and defense sectors will boost global copper demand 50% by 2040, but supplies are expected to fall short by more than 10 million metric tons annually without more recycling and mining, the consultancy S&P Global said on Thursday.
Copper prices have surged to a record high — driven by fears of a supply crunch and potential US tariffs. Jack Ryan explains.
Miners dominated the FTSE 100 risers' list as copper surged to fresh highs on deficit fears and a wider base metals rally. Copper traded up to $12,742 per tonne overnight on the London Metal Exchange.
Gold, silver, copper, and platinum have had a historic run to record highs in 2025. We look at the rise of metals, the outlook for 2026, and how it compares to crypto which has been lagging.
Copper could outperform gold and silver in 2026, according to this market technician. Plus, investment newsletter commentary on stocks, bonds, crude.
Bank of America (BofA) analysts have highlighted 10 key macro trends expected to shape the global economy and markets in 2026, signaling optimism for US and China growth while cautioning on the potential risks from artificial intelligence (AI) investment. On a macro level, BofA economists raised their 2026 US GDP growth forecast to 2.4% year-over-year, citing factors such as fiscal stimulus, tax reforms, and continued Fed rate cuts.
Consumers already battered by higher prices are about to feel another squeeze -- and this one is coming from copper.
Copper prices hit a fresh all-time high on Tuesday, topping $12,000 a ton, as a combination of mine outages, trade disruptions, and robust demand for the industrial metal propelled North American copper producers and developers higher. On the London Metal Exchange, prices climbed as much as 2% to $12,159.50 a ton, extending a rally that has pushed copper more than a third higher in 2025, putting the metal on track for its biggest annual gain since 2009.
C3 Metals Inc (TSX-V:CCCM, OTC:CUAUF) CEO Dan Symons talked with Proactive about the company's encouraging results from its first-ever drill hole at the Khaleesi target in southern Peru. The Khaleesi project lies around eight kilometres west of the company's existing Montaña de Cobre resource, which hosts 52.0 million tonnes at 0.5% copper and 0.2g/t gold.
Chile, the world's top copper producer, elected a pro-business president, as world copper prices surge to record highs on expected demand from electric vehicles and artificial intelligence data centers.