Peru mining production to drop by 15% this year due to pandemic: Buenaventura executive

REUTERS | Production in Peru’s mining sector will fall by at least 15% this year, representing a loss in revenues of up to $5 billion, due to disruptions caused by the coronavirus pandemic, a top mining executive said on Wednesday.

Large-scale mining, which makes up 80% of Peru’s copper production, would not be fully up and running until early June, Victor Gobitz, general manager of mining company Buenaventura (BVN.N), said at a virtual news conference.

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