SANTIAGO (miningweekly.com) – Chile should produce about 5.58-million tons of copper this year, up 2.6% from 2012 levels, as strong mining investment in the world No 1 copper producer pays off, the country's State copper commission Cochilco said on Thursday.
That is slightly down from Cochilco's January forecast of 5.59-million tons of output this year.
Cochilco sees copper prices averaging $3.57/lb this year, unchanged from its previous estimate.