Canada's gold mining sector will continue to focus on paring down costs to remain competitive in a volatile gold price environment, increasingly through investing in alternative energy sources. Tightening environmental regulations will accelerate this trend.
Peru's significant copper production growth will be driven by a strong project pipeline and competitive operating costs over the coming years, in contrast to decelerating copper production growth in top producer Chile.
Ecuador's nascent mining industry will receive a boost as rising gold prices encourage investment into the country's gold sector. Gold output will be primarily driven by the key Fruta del Norte project over our forecast period to 2020.
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Thanks, BMI Research