Chile’s copper production up 1.7% in July

Chile’s total copper production rose 1.7% in July on a yearly basis to reach 430,900 metric tons, the country’s copper commission Cochilco said on Monday.

Production was up 5.71% at the Collahuasi mine to 50,000 tons, Cochilco said, while output from Escondida – controlled by Australian mining giant BHP – rose 1.23% to 82,400 tons.

State-owned giant Codelco, meanwhile, saw its copper output slip 2.6% in the period to 124,700 tons, the commission added.

(By Natalia Ramos; Editing by Steven Grattan)