Production of copper —Peru's main metal export— grew 10.9% between January and September 2021 compared to the same period last year, the
Ministry of Energy and Mines (Minem) reported on Sunday.
Similarly, a significant increase was observed in the production of gold (12.8%), zinc (30.5%), silver (30.3%), lead (16%), iron (63.2%), tin (45.3%), and molybdenum (6%) in said period, according to figures from Minem's Mining Statistical Bulletin (BEM).
In this regard, Minem highlighted the strong and progressive recovery of Peruvian mining following the impact of the coronavirus pandemic.
The rebound in copper production was boosted by higher production from operations of Antamina, Cerro Verde and Southern companies, according to the above-mentioned bulletin prepared by Minem's General Directorate of Mining Promotion and Sustainability.
The Mina Justa copper project —operated by Marcobre— produced 22,697 fine metric tons in September.
Gold production was generated by Poderosa —the main gold producer in Peru— and Yanacocha —which produced 863,401 grams of fine gold in September, its highest result so far this year.
Silver output grew 3.7% on a year-on-year basis in September, thanks to operations of Antamina and Ares mining companies.
In the case of tin, the increase was due to better results of Minsur, the only tin producer in Peru.
Production of molybdenum was driven by Southern Peru —the main producer of this metal in the country— followed by Sociedad Mineras Cerro Verde and Las Bambas.
(END) NDP/MMG/RMB
Published: 11/7/2021