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Mining exports in Peru exceed $16.6 billion in August

Staff Writer |
Peru's mining exports reached $16.698 billion in the first eight months of 2017, up 24% over the same period last year, the National Society of Mining, Oil and Energy (SNMPE) reported.

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Growth was mainly underpinned by greater shipments of copper, gold and zinc, among other metals, Agencia Andina reported.

Copper In the analyzed period, copper exports amounted to $8.252 billion, thus registering a 35% rise compared to the same period in 2016 ($6.127 billion).

In this sense, China, Japan, South Korea and India were the main markets for such sales. Gold SNMPE also pointed out Peru's gold exports totaled $5.164 billion, a 7% increase over the same period in the year before ($4.830 billion).

Switzerland, the United States, India and Canada were Peru's top gold export destinations.

Zinc Between January and August, zinc shipments rose to $1.351 billion, up 56% from its similar period last year ($864 million).

The largest export markets for Peruvian zinc included China, South Korea, Spain, Brazil and Japan.

August According to SNMPE, Peruvian mining exports expanded 26% to $2.392 billion in August with respect to the same month in 2016 ($1.899 billion).

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