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  • Peru copper, zinc, molybdenum shipments rise in March

    Peruvian export volumes of copper, zinc and molybdenum gained in March, while silver and lead 

    shipments fell, the Central Bank has reported. 


    Total  metals  export  revenue rose 17.2% to $1.97 billion from a year earlier, the bank said late 

    Wednesday in a statement posted on its website. 


    Copper  shipments  gained  10%  to  192,500  mt  from  175,100 mt a year earlier, while export 

    revenue jumped 41% to $1 billion and prices increased by 28.3% to $2.40/lb from $1.87/lb, the 

    bank said. Higher output at mines operated by China Minmetals, Chinalco and Hudbay Mineral

    s offset the impact of a 21-day strike at Freeport-McMoRan's Cerro Verde mine in March. 


    Zinc shipments rose 7.5% to 95,900 mt from 89,200 mt a year earlier while revenue increased 

    by 63% to $173 million, according to the bank. Molybdenum shipments climbed 10.8% to 2,00

    0 mt from 1,800 mt, while export revenue nearly doubled to $28 million. 

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