Andina

Peru: Gold exports totaled US$1.987 bn in 1Q 2018

15:45 | Lima, May. 16.

Peruvian gold exports amounted to US$1.987 billion in the first quarter of 2018, a 12.6% growth over the same period in 2017, private-run National Society of Mining, Oil, and Energy (SNMPE) reported Wednesday.

According to the SNMPE, gold exports accounted for 28% of total mining shipments, which amounted to US$7.187 billion in the January-March period.

The guild also noted Peru's gold sales abroad reached US$693 million last March. 

In the analyzed month, major export destinations were Canada, India, Switzerland, the United States, and the United Kingdom.

Silver exports

On the other hand, the SNMPE pointed out silver exports amounted to US$30 million in the first quarter of 2018, up by 12.8% from the same period the previous year (US$27 million).

Within this framework, silver shipments reached US$11 million last March. 

Top destinations for this precious metal were Brazil, Chile, and the United States.

Prospects for gold and silver mining in the Inca country and around the world will be addressed at the 13th International Gold & Silver Symposium taking place in Lima on May 29-31.

(END) JJN/JJN/JAA/MVB

Published: 5/16/2018
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