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Peru's March Gold, Silver Output Rises; Copper, Zinc Decline

Tue, May 5 2009, 22:30 GMT
http://www.djnewswires.com/eu

Peru's March Gold, Silver Output Rises; Copper, Zinc Decline

LIMA (Dow Jones)--Peru's output of gold and silver rose in March, while base metals production, especially that of copper and zinc, declined in the month, the Energy and Mines Ministry said Tuesday.

Copper production fell 1.33% to 104,462 metric tons in March.

Zinc production was 118,817 tons in March, down 9.73% from the year-earlier period, it said.

Silver production rose 9.78% to 318,494 kilograms in March from the year-before period.

The government said gold output totaled 15,640 kilograms in March, up 8.77% compared with the year-earlier period, mainly due to production increases at Minera Barrick Misquichilca and other mines.

Among some of the other minerals, the government said molybdenum output fell 41.50% to 910 tons in March. Lead output declined 7.65% to 25,405 tons.

Iron output fell 34.47% to 350,827 tons in March.

Tin output was 3,023 tons in March, down 12.01% from the same period a year earlier.

-By Robert Kozak, Dow Jones Newswires; 511-99927 7269; peru@dowjones.com

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(END) Dow Jones Newswires

May 05, 2009 18:30 ET (22:30 GMT)


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