Peru's mining sector expands in July as copper production up 18%

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Peru's mining sector expands in July as copper production up 18%
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A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

- The National Institute of Statistics and Informatics of Peru announced today that the domestic mining and hydrocarbons sector expanded by 11.38% in July 2023 compared to the corresponding period in 2022.

In a press release, INEI said that this growth was a result of the positive performance in the domestic metallic mining subsector, which increased by 13.35% in July 2023 primarily due to higher production of molybdenum , copper and zinc . INEI added that Peru’s hydrocarbons subsector contracted by 1.64% in July 2023 due to lower production of natural gas liquids and crude oil , while production of natural gas was up 26%.

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