Silver production in Peru down 7.6% in 2022, ministry says silver mining
- According to the Ministry of Energy and Mines of Peru , silver production in Peru, the world’s third largest silver producing country, was 276,693 kg in December 2022, a decline of 6.4% compared to 295,622 kg mined in December 2021.
MINEM said that this negative performance was primarily due to the lower production reported by Compañía Minera Antamina S.A. and Compañía Minera Ares S.A.C. . At the company level, Compañía Minera Antamina S.A. was the largest silver producer in Peru accounting for 16.4% share of the country’s total silver production, followed by Compañía Minera Ares S.A.C. and Volcan Compañía Minera S.A.A. .
At the regional level, Áncash maintained its first position accounting for 20.8% share of Peru’s total silver production, followed by Pasco and Junín . MINEM also reported that in 2022, Peru produced 3,079,790 kg of silver, which is a decline of 7.6% compared to 2021 .
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