Particle.news
Download on the App Store
3 ARTICLES
·
last mo.

Peru Mining Exports Jump 20.6% to $42.12 Billion Through September on Gold and Copper Gains

An industry report credits higher metal prices and recovering shipments, underscoring the economy’s heavy reliance on the two metals.

El crecimiento de las exportaciones mineras entre enero a septiembre se debe principalmente al mayor valor de los envíos de oro (US$4.744 millones más) y cobre (US$2.096 millones más). Foto: Andina.
Hasta septiembre, las exportaciones de cobre sumaron US$ 19,360 millones. (Imagen: Andina)
Image

Overview

  • Copper exports reached $19.36 billion (+12.1%) and gold $15.743 billion (+43.1%), accounting for about 84% of mining sales and contributing $2.096 billion and $4.744 billion, respectively, to the year-over-year gain.
  • September was a standout month with $5.506 billion in mining shipments, up 29.1% from a year earlier.
  • September copper exports rose to $2.638 billion, driven by a 17.3% increase in prices and a 10.3% rise in exported volume.
  • September gold exports climbed to $2.091 billion, supported by a 42.6% jump in prices and a 3% uptick in volume.
  • Mining accounted for 65% of Peru’s total exports in the period, and expectations for a strong year-end depend on sustained prices and steady output at key projects.