Peru Copper production up 1.29% in April | Metals Mine

  • Peru Copper production up 1.29% in April

    From scrapregister.com

    Copper production in Peru increased 1.29% to 188,004 tonnes in April from 185,604 tonnes a year earlier, according to latest data from the energy and mines ministry (MEM). Cumulative production of Copper during the first four months of 2019 recorded at 775,154 tonnes, an increase of 2.99% as compared to the production of 752629 tonnes in the corresponding period last year. Lead production rose by 20.39% to 26,841 tonnes in April, while molybdenum gained 12.83% to 2,370 tonnes, the ministry said. Tin production at Peru's lone producer Minsur was up 4.4% to 1,667 tonnes. Zinc production led by Antamina and Peru’s ... (full story)

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EventsTrader
Jun 11, 2019 10:59am — Edited
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Peru would have to more than double their production to produce as much copper as their South American counterpart, Chile. But they are still 2nd in the world. There's not a more important region for mining copper than South America. As long as China keeps the demand as high as it's been, the producers will keep increasing their mining efforts.
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perma-bull
Jun 11, 2019 8:16am
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i wonder if you can trade molybdenum, let alone pronounce it.

at $12.50 per POUND i doubt my girl could tell the difference if i started giving her jewelry made of it
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bigtx
Jun 11, 2019 8:31am
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Quoting perma-bull
i wonder if you can trade molybdenum, let alone pronounce it. at $12.50 per POUND i doubt my girl could tell the difference if i started giving her jewelry made of it
Brother, I can't pronounce half of these metals I read about here. No way I'm gonna go risking my hard earned money on them! I'll stick to the shiny, pretty ones that the women like. They've been around and will be around.
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perma-bull
Jun 11, 2019 8:17am
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heh - i guess you can trade it: https://www.lme.com/en-GB/Metals/Minor-metals/Molybdenum-Platts#tabIndex=0
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