Bloomberg reported that Chile is forecasting record production this year, with contributions from BHP and a new Codelco mine.
As quoted in the market report:
Production from mines rose 3.2 percent last year to 5.43 million metric tons from 5.26 million tons in 2011, Mining Minister Hernan de Solminihac said in a presentation in Santiago today. Output will rise 3 percent to 5.6 million tons this year, exceeding a record 5.56 million tons set in 2007, and total 5.75 million tons in 2014, according to estimates released by the government’s copper commission Cohchilco.
Quaterra Resources Inc. (TSXV:QTA,OTCMKTS:QTRRF,FWB:QR2) is advancing its 100%-owned flagship Yerington project in Nevada’s Yerington Copper District, one of the world’s most attractive mining jurisdictions.
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