Peru's mining sector expands in March as copper production up 20% Perusmining
- The National Institute of Statistics and Informatics of Peru announced today that the domestic mining and hydrocarbons sector expanded by 9.28% in March 2023 compared to March 2022.
In its press release, INEI said that this improvement was a result of the positive performance in the domestic metallic mining subsector, which grew by 8.7% due to higher production of copper , molybdenum , iron ore , gold and lead .INEI added that Peru’s hydrocarbons subsector expanded by 12.66% due to higher extraction of crude oil and natural gas ; this was partially offset by the decrease in extraction of natural gas liquids .
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