In Peru rising copper production

The volume of copper production in Peru in the I quarter of 2011 compared to same period in 2010 increased by 1.94% to 300.983 tonnes. This is evidenced by data from the Ministry of Energy and Mines. In turn, the production of molybdenum in the country in a given period increased by 22,8% to 4.265 tons, tungsten - on 1,37%, to 175 tons, and iron ore production - by 28,9% to 1,89 million tons. Nevertheless, production of tin fell by 26.45 to 6.789 tonnes, lead - by 25,2% to 50.955 tons, and zinc - by 7.6% to 332.433 tonnes. By the way, previously deputy minister of mining country Gala Fernando said that the volume of copper production in Peru in 2020 will grow by 4 times. According to him, this time in Peru will produce about 4.8 million tons of the red metal. "We will compete with Chile by the end of the decade. Peru will double production to 2.4 million tonnes over four years," - he said. As is known, is currently in the country annually produces about 1.3 million tons of metal. Peru is the world's largest silver producer, ranks second in terms of production of copper. Also ranks as one of the largest producers of zinc, tin and gold. Ministry of Industry