Peru's mining sector expands in February as copper production up 10.8%

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Peru's mining sector expands in February as copper production up 10.8%
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Peru's mining sector expands in February as copper production up 10.8% Peru copper

- The National Institute of Statistics and Informatics of Peru announced today that the domestic mining and hydrocarbons sector expanded by 0.27% in February 2023 compared to February 2022.

In its press release, INEI said that this improvement was a result of the positive performance in the domestic metallic mining subsector , supported by higher production of copper and iron ore .INEI added that Peru’s hydrocarbons subsector contracted by 11.53% due to the lower extraction of crude oil and natural gas liquids ; this was partially offset by the increase in natural gas extraction .

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