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Southern Copper Expected To increase Production By 17% in 2023

PERU
  • Southern Copper, controlled by Grupo Mexico, expects its copper production in Peru to increase 17% this year to 400,000 metric tons, a senior executive told Reuters, driving the firm's overall output growth.
    • The strong production forecast shows how miners in Peru are defying a wider regional trend of falling output, and expectations that protests and political uncertainty could hurt the sector - even potentially costing Peru its spot as the world's second largest producer. (Reuters)

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