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About Peru

Peru

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​Mineral industry of Peru

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It is the first economic activity of Peru with nearly 60% of foreign exchange earnings in the country. Most of the deposits are located in the Cordillera of the Andes.

 

Source 2013: Sociedad Nacional de Minería, Petroleo y Energía

 

Silver

1st world producer - Peru currently produces almost 112 million ounces (3,650 t) of silver annually, 17% of the world production, followed by Mexico and China.

 

Zinc

1st world producer, with 1,350 T in 2013, Peru produces nearly 15% of the world production, followeb by China and Australia.

 

Copper

2nd world producer, with 1,376 million t, 8% of world production, after Chile (5,600 million t) and followed by USA (1,170 million t) and China (950 million t).

 

Tin

3rd world producer - There is only one company (Minsur) in Peru that produces nearly 24,000 t of tin in the region of Puno in southern Peru.

 

Lead

4th world producer, with 265,000 T (almost 10% of the world production), after China (1'320,000 T), Australia (640,000 t) and USA (430,000 t).

 

Molybdenum

4th world producer, with 18,000 t, after USA, China and Chile.

 

Gold

5th largest producer after South Africa, Australia, USA and China - Everyone knows that gold and silver of the Incas have enriched Spain and boosted the economy of Europe in the sixteenth century by a large-scale looting. However, Peru remains one of the largest world producers of gold with 160 tonnes extracted (7% of world production).

 

Other important mineral production in Peru are iron and cadmium.

 

Petroleum

Peru does not produce enough petroleum for domestic consumption.

 

Gas

In 1987 a giant gas field was discovered in Camisea (Amazon rainforest, department of Cusco). But the exploitation of this treasure becomes reality only in 2004.

Camisea is radically changing the energy matrix in Peru, allowing to change the use of contaminating and expensive fuels, with one cleaner and cheaper, the natural gas.

This change favors the consumer directly, transforming their vehicle to run on gas as have the vast majority of taxis and recently the gas is coming to homes.

The industry also takes advantage of the benefits of gas and has directly and indirectly created thousands of jobs in the country.

Several neighboring countries are interested in importing Peruvian gas. In 2008, Peru has built a gas liquefaction plant at 150 km south of Lima to export this new wealth.

 

Energy

Electricity in Peru comes from 2 sources:

65% hydraulic

35% gas

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