Super Copper’s Cordillera Cobre project in Chile’s Atacama copper belt has secured approval for 26 exploitation concessions from Sernageomin, covering about 6,858 hectares and granting full, permanent mining rights once registration in the Copiapó Mining Registry is complete. The company reports 25 concessions already have formal court resolutions and 15 have legal extracts published in the Official Mining Gazette, with title registration now in progress. CEO Zachary Dolesky says this clears the way to submit a drill programme as soon as results from the latest exploration work are finalised.

Gold rose to a record $4,524.68/oz in early Wednesday trading before easing towards $4,450, capping a year-to-date gain above 70% driven by central bank buying, ETF inflows and safe-haven demand linked to Venezuela tensions and expected US rate cuts. Silver hit an all-time high of $72.70/oz, up more than 150% this year after an October short squeeze and ongoing supply dislocations that have left large inventories concentrated in New York pending a US Commerce Department critical-minerals probe. Platinum climbed past $2,300/oz for the first time in the Bloomberg series, extending a 10-session rally on tight supply and high borrowing costs.

First Quantum Minerals has agreed to sell the past‑producing Cobre Las Cruces copper mine in southern Spain to Global Panduro, controlled by Resource Capital Funds, for up to $190 million, with $45 million cash on closing, a $65 million loan note and about $80 million in milestone‑linked deferred payments. The asset includes a high‑grade open‑pit mine and hydrometallurgical plant near Seville that produced copper cathode from 2009–2021 and reprocessed tailings until 2023. Resource Capital plans a polymetallic primary sulphide project targeting copper, zinc, lead and silver, while First Quantum redirects liquidity after Cobre Panama’s shift to preservation and safe maintenance.