Peru's mining sector expands in July as copper production up 18%

- The National Institute of Statistics and Informatics of Peru announced today that the domestic mining and hydrocarbons sector expanded by 11.38% in July 2023 compared to the corresponding period in 2022.

In a press release, INEI said that this growth was a result of the positive performance in the domestic metallic mining subsector, which increased by 13.35% in July 2023 primarily due to higher production of molybdenum , copper and zinc . INEI added that Peru’s hydrocarbons subsector contracted by 1.64% in July 2023 due to lower production of natural gas liquids and crude oil , while production of natural gas was up 26%.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK business optimism at 18-month high on hopes for rate hike pauseLONDON (Reuters) - British companies are their most confident since before Russia's invasion of Ukraine, according to a survey that also showed they ...
Source: SaltWire Network - 🏆 45. / 63 Read more »

Lululemon increases guidance as sales, profit each up 18 per centLululemon is becoming an even more international company, with revenue outside the U.S. up 52%
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Lululemon increases guidance as sales, profit each up 18 per centLululemon is becoming an even more international company, with revenue outside the U.S. up 52%
Source: PGCitizen - 🏆 65. / 51 Read more »