It was supposed to be hitting new heights this time last year, but the delayed ramp-up of Toromocho and various glitches in other larger operations have seen Peru’s copper production monthlies largely flatline.
Not any more: Toromocho is starting to work as planned, Constancia has kicked in, the other big ones have made their quotas and the result is…
…a new record in copper production in Peru in July 2015 by a nautical mile, with the data published by Peru’s Mining Ministry (MEM today. Expect plenty more months like this one to come. And that’s supply sewn up, it’s a good job that demand hasn’t slackened in rece….oh, wait.