Peru's April Copper, Silver, Zinc Output Rises; Gold Falls-Shanghai Metals Market

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Peru's April Copper, Silver, Zinc Output Rises; Gold Falls

Industry News 09:03:20AM Jun 13, 2012 Source:SMM

LIMA, Jun 12, 2012 (Dow Jones) -- Production of Peru's copper, silver and zinc increased in April, while output of gold declined, the government said Tuesday.

The Mines and Energy Ministry said in a statement Peru produced 95,389 tons of copper in April, up 7.78% from the year-ago month on higher output from Compania Minera Antamina, Empresa Minera Los Quenuales and Compania Minera Milpo.

Peru is the world's second biggest producer of copper.

Silver production in Peru, the world's second-largest producer of the precious metal, was up 7.63% at 275,632 kilograms.

Zinc production was 107,441 tons in April, up 6.55% from the year-ago month.

Gold production in Peru decreased 9.63% in April to 11,454 kilograms, the government said.

Among other minerals, molybdenum output fell 11% to 1,158 tons in April, the government said. Lead output increased 9.38% to 20,294 tons.

Iron ore output was down 14.4% to 493,456 tons in April, while tin output decreased 15.5% to 1,982 tons.

 

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Peru's April Copper, Silver, Zinc Output Rises; Gold Falls

Industry News 09:03:20AM Jun 13, 2012 Source:SMM

LIMA, Jun 12, 2012 (Dow Jones) -- Production of Peru's copper, silver and zinc increased in April, while output of gold declined, the government said Tuesday.

The Mines and Energy Ministry said in a statement Peru produced 95,389 tons of copper in April, up 7.78% from the year-ago month on higher output from Compania Minera Antamina, Empresa Minera Los Quenuales and Compania Minera Milpo.

Peru is the world's second biggest producer of copper.

Silver production in Peru, the world's second-largest producer of the precious metal, was up 7.63% at 275,632 kilograms.

Zinc production was 107,441 tons in April, up 6.55% from the year-ago month.

Gold production in Peru decreased 9.63% in April to 11,454 kilograms, the government said.

Among other minerals, molybdenum output fell 11% to 1,158 tons in April, the government said. Lead output increased 9.38% to 20,294 tons.

Iron ore output was down 14.4% to 493,456 tons in April, while tin output decreased 15.5% to 1,982 tons.