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Cost advantage
Apart from being the undisputed leader
in production figures, South America
also boasts the lowest average copper Copper mine production by region, 2009-15
cash costs in the world.
2009 Production Total change % Change Total change % Change 2015 production
base 2009-12 2009-12 2013-15 2013-15
Africa 1201 761 30% 109 4% 2071
Asia 3300 -12 0% 811 31% 4099
Latin America 7196 1276 50% 1867 71% 10339
North America 1741 333 13% -53 -2% 2021
Oceania 1136 -34 -1% -223 -8% 879
Europe 1496 231 9% 123 5% 1850
Total world 16069 2555 100% 2634 100% 21259
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