The country’s mining activity grew by 13.3% in September, compared to the same month the year before, underpinned by the increased production of copper, silver, lead and iron, the National Institute of Statistics and Informatics (INEI) reported.
INEI’s head Anibal Sanchez said the total growth of mining and hydrocarbons sector was 6.10%, in comparison with the same month a year earlier. This has led the sector to experience six months of continuous growth.
This positive outcome is a result of higher production in the mining subsector, while the hydrocarbons subsector posted a 19.92% decline.
All this is a result of increased output of copper (34.73%), silver (8.47%), lead (4.64%), and iron (87.46%); however, a decline was witnessed in the production of crude oil (-11.37%), gas liquids (-23.18%) and natural gas (-27.03%).
Electricity Output
On the other hand, September’s electricity production expanded by 7.06% from the same month last year, and this outcome led the subsector to reach 70 months of steady growth.
(END) RGP/JJN/RMB
Published: 10/1/2015