Andina

Peru, world's 2nd copper producer in 2017

Cobre

Cobre

07:30 | Lima, Mar. 3.

Peru has confirmed its position as the world's second-largest copper producer, being the source of 12% of this metal in the whole globe in 2017.

According to the Exports and Tourism Promotion Board (PromPeru), Peru also accounts for 18% of the world's silver reserves, thus beating Australia, Poland, and Russia.

In addition, Peru remains Latin America's leading gold, zinc, and lead producer.

The Inca nation thus became the only global copper producer —among the world's top five— to increase its production in 2017.

What is more, Peru's Central Reserve Bank (BCR) has estimated a 4.2% real growth rate for the metallic mining sector in 2018.

PDAC 2018
 
In such prosperous context, Peru will sponsor —for the fifth year in a row— the world's leading mining event Prospectors and Developers Association of Canada (PDAC Convention 2018), slated for March 4-7 in Toronto (Canada).

The national delegation will be led by Peruvian First Vice-President and Ambassador to Canada Martin Vizcarra.

Also representing Peru will be Jorge Leon Benavides, head of the delegation of national executives participating in PDAC 2018, and Jose Vizquerra, President of the Canada-Peru Chamber of Commerce.

They will be joined by more than 280 mining executives and businesspersons, as well as public officials. 

Likewise, the national team will include Energy and Mines Minister Angela Grossheim, Economy and Finance Minister Claudia Cooper, as well as Foreign Trade and Tourism Ministry authorities. 

(END) NDP/MVB

Published: 3/3/2018