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Peru: Copper, lead, iron, and tin production up in Dec 2018

09:00 | Lima, Feb. 8.

Peruvian production of copper, lead, iron, and tin showed an increase of 2.5%, 8.4%, 5.1%, and 29.9%, respectively, in December 2018, compared to the previous month, Energy and Mines Ministry (MEM) has informed.

According to MEM's report, national copper production posted a 7.5% expansion in December from the previous month, and a 2.5% rise over the same month in 2017. 

It should be noted the negative results recorded in the previous months at Las Bambas mine resulted in a 0.4% slid at year-end 2018 compared to 2017. 

As for lead, the output experienced an 8.4% year-on-year growth thanks to increased production at El Brocal (96%) and Volcan (63.8%) mines.

Likewise, iron production in December posted a 5.1% year-on-year rise and grew 57.4% compared to the previous month, underpinned by Shougang mine's excellent results. 

In addition, tin output rose 6.2% over the previous month, thus maintaining constant growth since October. 

(END) RGP/RGP/DTK/RMB

Published: 2/8/2019
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