Andina

Peru: Metallic mining up 6.9% in June 2017

Cobre

Cobre

14:06 | Lima, Aug. 18.

Peru's metallic-mining sector expanded 6.9% last June; this was explained by greater production of copper, zinc and molybdenum, the Central Reserve Bank (BCR) reported Friday.

According to the issuing entity, copper yield expanded 1.7% in June from the same month in 2016.

Increase was mainly due to greater output at Toromocho (20 FMT) and Las Bambas (37 FMT) mines.

Meanwhile, national zinc production rose 13.5% underpinned by better performance at Antamina mine. 

Growth was associated with higher zinc prices on the international market, in line with Glencore plc's policy in South America.


(END) CNA/CNA/MVB


Published: 8/18/2017