Silver production in Peru down 7% in January-April 2023, ministry says

According to the Ministry of Energy and Mines of Peru (MINEM), silver production in Peru, the world’s third largest silver producing country, was 249,655 kg in April 2023, up 0.2% compared to 249,159 kg mined in April 2022.

However, in January-April 2023, silver production in Peru of 924,658 kg was down 7.0% compared to January-April 2022 (994,745 kg).

At the company level, Compañía Minera Antamina S.A. was the largest silver producer in Peru accounting for 13.1% share of the country’s total silver production, followed by Volcan Compañía Minera S.A.A. (7.3%) and Compañía Minera Ares S.A.C. (6.8%).

At the regional level, Pasco was first accounting for 20.5% share of Peru’s total silver production, followed by Áncash (18.0%) and Junín (15.0%).