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Mexico's November Mining Production Up 1.1% From Year Earlier
Feb 1,2011 11:16CST
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MEXICO CITY, Jan 31, 2011 (Dow Jones Commodities News via Comtex) -- Mexico's mining production edged up 1.1% in November from the year-ago month as higher production of copper, gold and other minerals compensated for a decline in silver production, the National Statistics Institute, or Inegi, said Monday.

Inegi said copper production rose 4.6% from November 2009 to 19,291 metric tons, gold production rose 3.3% to 5,264 kilograms, and lead production rose 20% to 11,362 metric tons. Zinc production was 2.2% higher at 32,733 metric tons.

That was offset by a 3.3% drop in silver production, which fell to 256,767 kilograms. Mexico is the world's second-largest silver producer behind Peru.

Iron production in November rose 1.1% to 651,404 metric tons, while coal production rose 3.1% to 835,633 metric tons.

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