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Tag: copper

Michiquillay: US$2.5 billion copper project gains ground in its exploration stage

Michiquillay: US$2.5 billion copper project gains ground in its exploration stage Michiquillay: US$2.5 billion copper project gains ground in its exploration stage

Michiquillay, in Cajamarca, is one of the most important copper projects in the portfolio of the Ministry of Energy and Mines (Minem). It is in charge of Southern Perú and its operation is planned for 2032. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for […]

At the end of the third quarter, Peru already produces 16% more copper than in 2022

At the end of the third quarter, Peru already produces 16% more copper than in 2022 At the end of the third quarter, Peru already produces 16% more copper than in 2022

At the end of the third quarter of 2023, accumulated copper production in Peru recorded an increase of 16% (2 million 005,957 fine metric tons, FMT) compared to the same period in 2022 (1 million 728,967). According to the Mining Statistical Bulletin (BEM), in September the production of the red metal reported 235,178 TMF, a […]

Las Bambas: MMG revises upwards its copper production projection in Peru for 2023

Las Bambas: MMG revises upwards its copper production projection in Peru for 2023 Las Bambas: MMG revises upwards its copper production projection in Peru for 2023

MMGparent company of Las Bambas, increased its copper production forecasts in Peru and will end the 2023 financial year in a range of between 285,000 and 305,000 tons. According to the Production Results for the third quarter of 2023, the company globally produced 94,050 tons of copper and 59,229 tons of zinc in the July-August-September […]

Protests deprive the largest market in the capital of Panama of food

Protests deprive the largest market in the capital of Panama of food Protests deprive the largest market in the capital of Panama of food

Trader Jel Morales ran out of merchandise to sell and his colleague Raúl Pineda is looking to transport vegetables by plane: protests against a mining contract are depriving the capital of Panama. “Merca Panamá”, the wholesale market where 80% of the vegetables consumed in the capital are sold, looked almost deserted this Sunday, since “there […]

Anglo American lowers copper production forecasts in 2023 and will depend on Quellaveco

Anglo American lowers copper production forecasts in 2023 and will depend on Quellaveco Anglo American lowers copper production forecasts in 2023 and will depend on Quellaveco

According to information shared by the transnational, the projection went from between 840,000 and 930,000 tons, to an average of between 830,000 and 870,000 by the end of 2023. Its shares on the stock market are not going through the best moment either. Join the La República WhatsApp channel Price of the dollar today in […]

Costs in large copper mining in Chile continue to advance

Costs in large copper mining in Chile continue to advance Costs in large copper mining in Chile continue to advance

The costs of large copper mining in Chili maintained their upward trend in the first half of the year due to lower production and an increase in services, a report from the state Chilean Commission of the Copper (Cochilco). In its cost observatory for the first semester, the agency indicated that the direct cost reached […]

Peruvian copper exports soared 32% in July due to greater dynamism of the Chinese economy

Peruvian copper exports soared 32% in July due to greater dynamism of the Chinese economy Peruvian copper exports soared 32% in July due to greater dynamism of the Chinese economy

He Ministry of Energy and Mines (Minem) reported that the value of metallic and non-metallic mining shipments totaled US$3,492 million, a notable increase of 23% compared to what was reported in July 2022 (US$2,839 million). Copper (+31.6%) led the way. The August Mining Statistical Bulletin (BEM) points out that this result was supported by China’s […]

Copper production grew 7.5% in August: gold, iron, tin, zinc and lead also rose

Copper production grew 7.5% in August: gold, iron, tin, zinc and lead also rose Copper production grew 7.5% in August: gold, iron, tin, zinc and lead also rose

The production of copper led the progress of most metals in our country in the month of August and advanced 7.5% compared to the same month of the previous year, reported the Ministry of Energy and Mines (Minem). The Mining Statistical Bulletin (BEM) for the month in question indicates that the year-on-year increases were especially […]

Strong Chinese demand supports copper prices and boosts local aluminum prices

Strong Chinese demand supports copper prices and boosts local aluminum prices Strong Chinese demand supports copper prices and boosts local aluminum prices

Demand for copper and aluminum in China has been surprisingly strong despite the country’s real estate crisis, driven by orders from the home appliance, electric vehicle, solar and wind sectors. This has helped support otherwise weak copper prices around the world, and pushed up aluminum prices in the world’s largest consumer of metals, according to […]

Copper production in Peru will not be affected by El Niño

Copper production in Peru will not be affected by El Niño Copper production in Peru will not be affected by El Niño

The phenomenon of The boy It should not affect copper production in Peru, according to a global supplier only after Chile, declared the president of the National Society of Mining, Petroleum and Energy (SNMPE), Víctor Gobitz, during his participation in Perumin 36. During the event held in Arequipa, the president and general manager of Antamina […]