INSUBCONTINENT EXCLUSIVE:
spot.The Ministry of Energy and Mines reported a 10.9% increase in copper output compared to the previous year.Data from the Mining
Statistical Bulletin revealed that November 2023 saw 253,582 Fine Metric Tons (FMT) of copper, marking a significant yearly growth.Companies
like Anglo-American Quellaveco S.A
and Minera Antamina S.A were key contributors to this rise.From January to November, copper production reached 2.5 million FMT, up 14%
year-on-year.Zinc production also increased by 1.2%, while silver saw a 6.9% growth
significant.Peru accounts for 11% of global copper production, having seen a 3% increase from 2021 to 2022.This growth is expected to
continue, with forecasts predicting a compound annual growth rate of 5% between 2022 and 2026.Major producers in Peru, like Freeport-McMoRan
key players in copper production include China, the Democratic Republic of the Congo, and the United States.These countries collectively
