Peru Mine Strike May Cut into Copper Supply

Since South Africa’s epic 5-month platinum miner strike ended this past summer, things have been relatively quiet on the mining front – until now. On Monday, Nov. 10, workers at Peru’s Antamina copper mine threw down their tools and began the first indefinite strike in the mine’s history.

According to

Peru is the world’s third biggest producer of copper, and a major producer of other minerals. In the first nine months of this year, Antamina has produced 273,411 tons of copper, down 16% from the year-earlier period.

Depending on how long the workers hold out for higher pay, the already low copper production may take an even bigger hit.