The Toronto-listed miner said that its copper production should increase by 25% in 2021, compared with its 2020 guidance. Total copper production is forecast to be between 275 000 t to 299 000 t in 2021.
A more-than-month-long strike at Candelaria, in Chile, ended on Friday, prompting the company to reintroduce its guidance for 2020. Candelaria is forecast to produce between 120 000 t and 125 000 t at a cash cost of $1.50/lb this year.
Chapada, in Brazil, is also set to return to full production capacity this month and is forecast to produce 45 000 t to 50 000 t of copper and 80 000 oz to 85 000 oz of gold this year.
The company said that the ZEP would restart in January.
Nickel production is forecast to maintain current levels in 2021 at 15 000 t to 18 000 t, before increasing by 10% in the following year.