Post Tagged with: "Mining"

Peru’s Copper, Gold Production Increase

Peru’s Copper, Gold Production Increase

Production of copper and gold in Peru, the country’s top export earners, increased in the first five months of this year, according to government figures. The Mines and Energy Ministry said that copper production rose 6.29% to147,284 tons in the January to May period compared to the same period last […]

On the Ground in the Battle Against Prohibited Mining

On the Ground in the Battle Against Prohibited Mining

By Paula Dupraz-Dobias ✎ Special to the Peruvian Times ☄ HUAYPETUHE, MADRE DE DIOS, Peru — A combative voice on the local radio station summed up the temperament in this small frontline town, also known as the center of informal and illegal gold mining: “Prohibiting mining will lead to poverty […]

Peru’s GDP Grows 6.15 Percent in January – Government

Peru’s economy grew 6.15 percent in January, recovering from a sluggish expansion in the previous month, according to the government. Growth in January was led by the construction sector, which expanded 18.4 percent. Other sectors that posted strong growth were financial and insurance sectors, which rose 7.8 percent, retail, which […]

Peru Economic Activity Increased 6.47 Percent In May

Peru’s economy grew by 6.47 percent in May, which was higher than economic growth a month earlier, as domestic demand remained strong and also the demand abroad for non-traditional products. Peru’s national statistics bureau, INEI, said the construction sector rose 15.8 percent in May, boosted by domestic consumption of cement and […]