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Top producer Chile sees copper output up 3 percent this year
January 28, 2013 / 2:30 PM / 5 years ago

Top producer Chile sees copper output up 3 percent this year

SANTIAGO, Jan 28 (Reuters) - Chile is seen producing 5.59 million tonnes of red metal this year, up 3 percent from 2012 levels, as heavy mining investment in the world No. 1 copper producer pays off, the country’s state copper commission Cochilco said on Monday.

Cochilco sees copper prices averaging $3.57 per pound this year, unchanged from a previous estimate.

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