The Antamina mine reported a 9.1% drop in production in July, while Southern Copper dropped 14.5%.

This year, Pacific Ridge plans to drill a minimum of 6,000 metres at Kliyul.

Chile is the world's top copper producer and is home to global copper giants like Codelco, BHP, Anglo American and Glencore as well as Antofagasta.

The Hub’s goals are to conduct research on all things copper and support countries’ transition towards a clean energy future.

World's no.1 producer Codelco’s annual copper production is set to fall 400,000 tonnes below its peak while Chile’s output is back to levels last seen in 2004.

Price was supported by slow growth in American jobs in August.

The proposed new constitution focuses on social rights, the environment and gender equality, a sharp shift from the market-orientated current one.