Panama’s President blames previous gov’t for First Quantum mine crisis
The Cobre Panama mine paid the price for the accumulated national discontent, said President José Raúl Mulino.
Peruvian copper production increased 9.37% YoY in July to 109,916 fine metric tons, according to a report by the Ministry of Energy and Mines.
According to the report, the rise was due in part to increases in production at Compañía Minera Milpo (45.30% increase), Antamina (24.39%) and Southern Copper (17.63%).
Production decreased at Minera El Brocal (79.44%) and Xstrata Tintaya (44.88%), a subsidary of Xstrata.
Form January to July, Peru produced a total of 721,229 fine metric tons of copper, representing a 4.49% YoY increase.
Antamina, Southern Copper and Sociedad Minera Cerro Verde were Peru’s largest copper producers in July.
Source (Spanish): Peruvian Ministry of Energy and Mines
