Southern Copper Corporation reported production results for the second quarter of 2019. Molybdenum mine production increased by 24.7% in the second quarter of 2019 compared with the same period of the last one, due to higher production at all the company's mines, particularly in Toquepala, where production of molybdenum increased by 94.5% as a result of the new molybdenum plant that started production in April of this year. For zinc, it represented 4.2% of the company's sales value in the second quarter, with an average price of $1.25 per pound in the quarter. This is a price decrease of 11.3% from the second quarter of 2018. Zinc mine production decreased by 1.3%, to 17,749 tons in the second quarter compared with the second quarter of last year mainly due to lower production at the Charcas mine. This was basically the result of lower ore grade and offset the 1,133 tons of production coming from the San Martin mine. Mined silver production increased by 5.3% in the past quarter, mainly as a result of higher production at the company's Toquepala operations, which increased their production by 85.9% as a result of additional copper production coming from the new concentrator of Toquepala.

For molybdenum, the company's current view is 24,800 tons for this year. The company should remain at that level and having changes in production due to recoveries and ore grades. For zinc, the company expecting 85,900 tons of zinc in 2019. Next 2020, with the San Martin mine running at full speed, The company expects to have 109,000 tons of zinc production. In 2021, 126,000 tons of production. For silver, the company expecting 20.1 million ounces 2019. That figure should be the same for 2020 and increase to 25 million ounces for the years 2021 and on.