Southern Copper Eyeing Michiquillay Copper Mine on Optimism over Copper Prices

Published: Sep 20, 2017 10:26
Southern Copper is considering bidding for mining rights of Michiquillay copper mine as it sees further rise in copper prices in 2019, said CEO Oscar Gonzalez.

SHANGHAI, Sept. 20 (SMM) – Southern Copper is considering bidding for mining rights of Michiquillay copper mine as it sees further rise in copper prices in 2019, said CEO Oscar Gonzalez.

Southern Copper sees copper prices between $2.60-2.90/lb in 2018 and expects copper prices to rise further in 2019.

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