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Silver production in Peru down 7.9% in September - report

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(Kitco News) - According to the Ministry of Energy and Mines of Peru (MINEM), silver production in Peru, the world’s third largest silver producing country, was 254,722 kg in September 2022, a decline of 7.9% compared to 276,687 kg mined in September 2021.

MINEM said that this negative performance was primarily due to the lower production reported by Compañía Minera Antamina S.A. (-15.2%), Volcan Compañía Minera S.A.A. (-23.6%), and Compañía de Minas Buenaventura S.A.A. (-15.4%).

At the company level, Compañía Minera Antamina S.A. was the largest silver producer in Peru accounting for 17.4% share of the country’s total silver production, followed by Compañía Minera Ares S.A.C. (8.4%) and Volcan Compañía Minera S.A.A. (6.9%).

At the regional level, Áncash maintained its first position accounting for 21.9% share of Peru’s total silver production, followed by Pasco (19.3%) and Junín (14.8%).


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