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.
- According to the Ministry of Energy and Mines of Peru , silver production in Peru, the world’s third largest silver producing country, was 244,949 kg in July 2023, down 2.8% compared to 252,058 kg mined in July 2022.
MINEM said that this negative performance was primarily due to the lower production reported by Compañía Minera Antamina S.A. and Compañía Minera Ares . At the company level, Compañía Minera Antamina S.A. , BHP Billiton , Teck , and Mitsubishi Corporation ) was the largest silver producer in Peru accounting for 13.2% share of the country’s total silver production, followed by Volcan Compañía Minera S.A.A. and Hochschild Mining’s Compañía Minera Ares S.A.C. .
At the regional level, Pasco was first accounting for 20.3% share of Peru’s total silver production, followed by Áncash and Junín . In January - July 2023, silver production in Peru amounted to 1,694,636 kg , a decrease of 3.8% compared to January - July 2022 .
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