Peru's metallic mineral production in July posted an increase in copper, silver, zinc and molybdenum, while gold, lead, tin, iron ore and tungsten fell, the mines and energy ministry reported.
Copper output rose 13.7% to 124,961t on gains at Glencore Xstrata's Tintaya-Antapaccay mine, Antamina and Buenaventura's El Brocal unit, the ministry said in a report posted on its website. Production fell at Southern Copper down 4%, and Freeport McMoRan's Cerro Verde (-7%).
Zinc (113,152t) and silver (306,056kg) output were also up compared to the year-ago month by 4.8% and 1.9%, respectively, the ministry said. Molybdenum rose 11% to 1,688t.
Gold output fell 4.2% to 442oz, while iron ore dropped 6.8% year-on-year to 575,144t as production dropped at Peru's only iron ore mine, operated by Chinese-owned Shougang. Lead fell 6% to 22,033t.
Tin production at Minsur slid 1% to 1,872t in July, while tungsten production was down 91% due to the suspension of the country's only tungsten mine, Malaga's Pasto Bueno due to an accident last year.
Through the first seven months of 2013, Peru's copper (+4.3%), zinc (+7.6%), lead (+2.4%), silver (+1.4%) and iron ore (+12.1%) production rose, while gold (-10.7%), tin (-14.7%) and molybdenum (-11.5%) were down.
Minerals account for approximately 60% of Peru's total exports.
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