off-the-wire

Copper output from Codelco falls 14% in October

Kitco Media
By Reuters
Published:
Updated:
Reuters
Copper output from Codelco falls 14% in October teaser image

Copper production from Chilean state-run miner Codelco fell 14.3% in October, data from copper commission Cochilco showed on Wednesday, falling to 111,000 metric tons.

Meanwhile production at BHP’s Escondida mine, the world’s largest copper mine, climbed 11.7% from the same month a year earlier to 120,600 tons.

At Collahuasi, another major copper mine jointly run by Glencore and Anglo American, output fell 29.3% to 35,000 tons.

(By Fabian Cambero; Editing by Sarah Morland)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.