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Peru's copper output to surge 27% by 2022 – Minister

20th September 2019

By: Reuters

  

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LIMA – Peru expects its copper production to grow 27% and gold output to expand 12% in the next three years by 2022, the country's Energy and Mines Minister said on Thursday.

Peru is the world's No.2 copper producer and sixth-largest gold producer.

Peru is on track to produce 2.5-million tonnes of copper this year, up slightly from last year's 2.44-million tonnes, Francisco Ismodes said.

Copper production has surged 77% in the past four years.

"This has been our best year yet for copper production," Ismodes said in a broadcast presentation at a mining event in southern Peru.

Edited by Reuters

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