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Xstrata says copper output picked up in Q2, committed to Peru

World No. 4 copper miner Xstrata said Friday it was confident it would hit its 2011 copper output target, after production improved in the second quarter following heavy rains in the first quarter. CEO Charlie Sartain said the miner would continue to invest in Peru, where some fear leftist President-elect Ollanta Humala's policies could hurt investment in the sector.