According to Bloomberg, Peru’s Ministry of Energy and Mining said copper production in January fell by 12.6% to 20217 tons, the lowest since July last year.
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But Peru’s largest mine, Freeport’s Cerro Verde, has increased production by 10.1% to 43,594 tons. MMG’s Las Bambas mine produces 41692 tons of copper, up 31.4% from the same period last year. Gold production fell 9.4% to 10,463 kg from January last year. Zinc mineral production fell by 7.8% to 10,1604 tons.
Mining investment increased 48% year on year to $335 million. Anglo-American Resources Group, Antapaccay and Marlborore, owned by Glencore, ranked first. Mining employment was flat at 194,030 last year, but fell by 5.4% from last month.
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