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5 Challenges Facing South America's Copper Boom
5 Challenges Facing South America's Copper Boom
Authored by Charles Kennedy via OilPrice.com,
Escondida supervisors, about 1,020 workers at the world’s largest copper mine, said they would strike at 8 a.m. local time Wednesday, a week after workers walked out at Centinela.
Chile’s August copper output fell 12.8% to 369,500 tons, the lowest monthly total since February 2011, and a fatal landslide hit Codelco’s El Teniente on Sunday.
The IEA still sees primary copper supply about 25% short of requirements by 2035, while Peru targets $33 billion in mining investment and Argentina’s Vicuña...
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Aug 16, 2026 / Tyler Durden
Oh, So This Is Why Luigi Mangione Pleaded Guilty...
Oh, So This Is Why Luigi Mangione Pleaded Guilty...
Authored by Matt Margolis via PJMedia.com,
Luigi Mangione, the man whose assassination of a health insurance executive turned him into a folk hero to many on the left, shocked the country on Friday when he finally admitted to the killing and changed his plea to guilty.
"I shot Mr. Thompson in Manhattan. I understood that my actions would place him in fear of death of bodily injury. I knew what I was doing was illegal," Mangione told the judge.
He admitted to stalking his victim, UnitedHealthcare...
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Jun 25, 2026 / Dave DeCamp
IMO Pauses Hormuz Ship Evacuations After Vessel Struck Off the Coast of Oman
The UN’s International Maritime Organization (IMO) said on Thursday that it paused an effort to evacuate ships out of the Strait of Hormuz after a vessel was struck off the coast of Oman, which came as Iran warned ships not to transit the strait outside of routes it hasn’t approved. The UK’s Maritime Trade Operations […]
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Jun 22, 2026 / Dave DeCamp
US Treasury Department Issues Waiver for Iranian Oil Sales Amid Switzerland Talks
US Treasury Secretary Scott Bessent announced on Monday that the US was issuing a temporary license to allow the sale of Iranian oil amid ongoing talks between the US and Iran in Switzerland in line with the Memorandum of Understanding aimed at ending the conflict between the two nations. “In line with the ongoing productive […]
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