Bloomberg News

Peru Copper Output Fell in March on Antamina Decline

April 23, 2010

Peruvian copper production fell for a fifth month in March on declines at two of the country’s largest mines, the government said.

Output of copper dropped 5 percent to 99,231 metric tons last month from the prior year after production dropped at Cia. Minera Antamina SA and Doe Run Peru’s Cobriza mine because of strikes, the Energy and Mines Ministry said today in an e-mailed statement.

Gold output fell 12.8 percent in the same period to 15,644 kilograms, the ministry said. Silver output declined 7.8 percent to 319,540 kilograms, while zinc fell 2.9 percent and lead dropped 11.6 percent. Tin rose 8.2 percent and iron jumped 66 percent.

Peru is the world’s second-largest miner of copper, third in zinc and tin, No. 6 in gold and the world’s largest silver producer.

To contact the reporter on this story: Alex Emery in Lima at aemery1@bloomberg.net

To contact the editor responsible for this story: Jessica Brice at jbrice1@bloomberg.net


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