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Grupo Mexico sees higher costs, lower production

Costs increase

Staff reporter
The Cuajone copper mine of Grupo Mexico's Southern Copper subsidiary

The Cuajone copper mine of Grupo Mexico's Southern Copper subsidiary

The mining division's sales fell 20.1 % to $2.4 billion in the quarter due to a general decrease in ore grades, and a decline in copper and silver prices. GMex estimates its Peruvian operations will...

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