https://www.miningweekly.com

Peru reports sharp drop in 2020 copper production due to pandemic

8th February 2021

By: Reuters

  

Font size: - +

LIMA – Peru's copper production plunged 12.5% to 2.15 -million tonnes in 2020, the country's Energy and Mines Ministry said on Monday, driven down by coronavirus-related restrictions that hammered output in the world's second-largest producer of the red metal.

The ministry said gold production also dipped 32% in 2020, to 87.3-million fine grams.

Peruvian health authorities required the country's sprawling gold and copper mines to sharply reduce staff between mid-March and May, prompting the sharp drop in output.

The ministry added that zinc production had also fallen 5.3% to 1.33-million tonnes.

Mining is a major economic engine in Peru, accounting for nearly 60% of the Andean nation's exports.

Edited by Reuters

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION