Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
Go to MDC Markets

Grupo Mexico expects further drop in copper production for Chile and Peru

Reuters | July 27, 2022 | 12:34 pm Top Companies Latin America Copper 
Grupo Mexico plans $3.1bn Baja, refining spend
Image: Grupo Mexico

Mexican miner Grupo Mexico expects to see a further drop in copper production in Chile and Peru, one of the company’s top executives said on Wednesday in a call to discuss second quarter results.

The decrease in US copper demand and conflicts in Peru’s Las Bambas mine were among the risks signaled by the group’s Vice Chairman Xavier Garcia De Quevedo Topete.

(By Valentine Hilaire)

Comments

Your email address will not be published. Required fields are marked *

No comments found.

More News

{{ commodity.name }}