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Copper production in Peru up 15.3% in November, ministry says

Vladimir Basov

Kitco News

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(Kitco News) - According to the Ministry of Energy and Mines of Peru (MINEM), copper production in Peru, the world’s second largest copper producing country, amounted to 224,976 tonnes in November 2022, up 15.3% compared to November 2021 (195,117 tonnes).

MINEM said that this positive performance was mainly due to higher production by major local copper mining companies, including Compañía Minera Antamina S.A. (+20.7%), Sociedad Minera Cerro Verde S.A.A. (+4.7%) and Southern Perú Copper Corporation (+5.8%).

At the company level, Compañía Minera Antamina S.A. is first with a 19.7% share in total Peru’s copper output, followed by Sociedad Minera Cerro Verde S.A.A. (19.0%) and Southern Peru Copper Corporation (14.0%).

MINEM added that at the regional level, Áncash is first with a 19.9% share in the country’s total copper production, followed by Arequipa (19.2%) and Apurímac (10.6%).

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By Vladimir Basov

For Kitco News

Contact vbasov@kitco.com
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