Peru’s silver production in the first two months of 2015 totaled 19,437,994 ounces, a 8.77% rise from the same period the year before, informed Peru’ Ministry of Energy and Mines (MEM).
This favorable behavior was also observed in February, when the production volume increased by 5.60%.
“These results were driven by good performance reported by main mining companies and investment expectations,” the ministry indicated.
Both elements translated into an increased level of the processed mineral as a result of increased installed capacity of concentrator plants and improved processing of main companies.
Buenaventura mining company, provider of 16.25% of this metal, raised its production by 23.13%, due to the significant growth of its mining unites Uchucchacua (Pasco) and Orcopampa (Arequipa).
Volcan mining company, provider of 10.34% of the national production, recorded a 0.42 surge driven by the performance of its unit Andaychahua in Junin.
(END) RGP/JJN/RMB
Published: 5/5/2015