INSUBCONTINENT EXCLUSIVE:
This growth trend continued in August, with an impressive 8.9% year-on-year rise.The Central Reserve Bank of Peru (BCRP) shared these
They based their report on data from the Ministry of Energy and Mines
Copper production stood out with an 11.7% increase in August
This boost came from improved mineral processing and higher ore grades.Several factors contributed to this upswing
Chinalco and Las Bambas saw growth due to maintenance work done last year
Antamina and Antapaccay stepped up their mineral extraction
(Photo Internet reproduction)Molybdenum production also rose by 4.2%
This increase was driven by higher output from Antamina, Quellaveco, Southern, Las Bambas, and Chinalco
Lead and silver extraction saw significant jumps of 10.1% and 30% respectively
He predicted that 2024 would see production growth exceeding 3%
