Peru's mineral output to decline by 5% in 2020
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Update time : 2020-06-03 15:20:08
According to a prediction from Mr. Victor Gobitz, general manager of mining company Buenaventura, Peruvian copper production has not completely recover from the COVID-19 epidemic and suppose to resume after June.
However, it was almost 80% of large mining enterprises were affected to result in a 15% decrease in mining production this year which cost about a US$5 billion loss in revenue.
The government gradually released the restrictions to keep some operations for mining companies and expected to fully open by four phases before August.