The Central Reserve Bank of Peru published an update on Peru’s metallic mining sector showing output grew 7.2% year on year in October 2025 and 3.2% over January to October 2025, reflecting higher production of most metals. In October, copper output rose 4.5% year on year due to a base effect and higher processing, including at Antamina, Antapaccay and Chinalco’s Toromocho expansion. Zinc output increased 30.9%, mainly from improved ore grades at Antamina, while silver and lead rose 13.0% and 4.9% respectively, also supported by Antamina. Tin grew 31.7% driven by Minsur, molybdenum increased 16.3% on higher processing at Southern and Cerro Verde, and iron rose 5.4% supported by Shougang Hierro Perú. Gold production fell 7.0% year on year, attributed primarily to lower processing at Gold Fields, Antapaccay and Poderosa.
Central Bank of Peru 2025-12-24
Central Reserve Bank of Peru reports mining activity up 7.2% year on year in October 2025
The Central Reserve Bank of Peru reported a 7.2% year-on-year increase in the metallic mining sector's output for October 2025, with a 3.2% rise from January to October 2025. Copper, zinc, silver, lead, tin, molybdenum, and iron production saw significant gains, while gold output declined by 7.0% due to reduced processing at key sites.