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Copper output from Chile’s Codelco climbs 17% in May

Copper production from Chilean state-run miner Codelco [RIC:RIC:COBRE.UL] ticked up some 16.5% year-over-year in May, data from copper commission Cochilco showed on Thursday, climbing to 130,100 metric tons.

Codelco is the world’s largest miner of the red metal.

Meanwhile production at BHP’s BHP Escondida mine, the world’s largest copper mine, leaped some 24.4% to 132,000 tons.

At Collahuasi, another major copper mine jointly run by Glencore GLEN and Anglo American AAL, output slid 16.9% to 38,400 tons.
Source: Reuters



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