Reuters reported that Mexican miner Grupo Mexico expects output at its Buenavista del Cobre copper mine to rise to 475,000 tonnes per year by 2015.

Mr Xavier Garcia de Quevedo COO of Grupo Mexico said that "The mine has come back in great form.”

Grupo Mexico said in April it saw production at the Buenavista mine formerly known as Cananea increasing to 450,000 tonnes per year. Current output is about 188,000 tonnes per year. Grupo Mexico runs copper mines in Mexico, Peru and the southwestern United States and cargo train lines across Mexico.

The Buenavista mine near the US Mexico border reopened last year after a court order ended 3 year long strike by the national mining union. The strike began in July 2007 and cost Grupo Mexico an estimated 530,000 tonnes of production or USD 3.5 billion in lost revenue.

Grupo Mexico previously disclosed that expected repairs at the mine would exceed USD 100 million due to damages incurred during the prolonged labor stoppage.

(Sourced from Reuters)