Peruvian 2007 mining exports up 15%

Peru’s mining exports in 2007 soared to $16.9 billion, representing an increase of 15% compared to 2006 ($14.7 billion), Peru’s National Society of Mining, Petroleum and Energy (SNMPE) has reported. In 2007, Peru’s total exports reached $27 billion dollars, and mining products accounted for 62%.The SNMPE said that up to December 2007, Peru’s mining exports registered sustainable growth for a consecutive period of 55 months. SNMPE informed that copper sales totaled $7.24 billion dollars last year, representing a 20.8% increase compared to 2006, when the sales registered $6 billion. Japan, China and South Korea were the main destination markets for Peruvian copper.

Zinc exports jumped to $2.5 billion dollars, an increaseof 27.2% compared to 2006 ($1.99 billion). Belgium,China and Japan were the main destination markets. In 2007, gold exports totaled $4.02 billion, a 0.5% increase compared to 2006 when the sales were $4 billion. The main destination markets were Switzerland, Canada and the USA.