Andina

Energy-Mines Ministry: Peru's gold production up 11.2% in Apr 2024

10:37 | Lima, Jun. 18.

During the fourth month of 2024, national production of metals, such as gold, silver, iron, tin, and molybdenum, experienced improvements compared to the same month in 2023, the Ministry of Energy and Mines (Minem) has reported.

On the other hand, the production of copper, zinc, and lead decreased slightly compared to the amounts registered in April 2023, according to figures from Minem's Mining Statistical Bulletin (BEM).

Between January and April 2024, an expansion in the production of nearly all main metals was recorded over the same accumulated period of the previous year, including copper, gold, silver, lead, iron, tin, and molybdenum.

In this regard, the accumulated copper production as of 2024's fourth month amounted to 845,044 FMT, a slight 0.4% rise compared to the same period of the past year (841,723 FMT).

By metals

Gold production reached an 11.2% increase in April compared to the same month of the previous year; meanwhile, its accumulated production as of April 2024 saw an interannual 19.4% increase over the same period in 2023.

Regarding silver, it reported a 3.2% rise compared to the same month last year. Its accumulated production at the end of the fourth month experienced a 7.7% increase over the amount recorded in the similar period of 2023.

Last April, iron production increased 8.4% over the same month in 2023. It accumulated a 6.6% growth thru April compared to the similar period the previous year.

Tin experienced a 13.8% increase compared to April 2023, while the cumulative figure showed a positive variation of 140.5% over January-April last year.

In April 2024, national molybdenum production registered a 37.4% expansion compared to April 2023.

On the other hand, zinc and lead experienced slight contractions in their production.

(END) NDP/SDD/MVB

Published: 6/18/2024