PERU March 02 2017 10:31 AM
LONDON (Scrap Register): Global Copper mine production is estimated to have increased by around 5% or 900,000 tons during the first eleven months of last year with concentrate production gained by 7% and solvent extraction-electrowinning (SX-EW) down by 2 percent.
The increase in global copper mine production was mainly due to a 41% or 630,000 ton rise in Peruvian concentrate output that is benefiting from new and expanded capacity brought on stream in the last two years.
A recovery in production levels in Canada, Indonesia a nd the United States and expanded capacity in Mexico also contributed to world mine production growth.
However overall growth was partially offset by a 4.3% decrease in production in Chile, the world’s biggest co pper mine producer, and a 5.5% decline in DRC where output is being constrained by temporary production cuts.