(Kitco News) – The National Institute of Statistics and Informatics of Peru (INEI) announced today that the domestic mining and hydrocarbons sector increased by 3.12% in August 2021 compared to the same month of 2020.
INEI said that this increase was driven by higher output recorded in the domestic metallic mining subsector (5.08%), due to higher production volumes of tin (22.9%), silver (22.7%), gold (13.8%), iron (13.4%), lead (6.2%), copper (4.0%) and molybdenum (3.2%); offset by the decline in zinc production (-3.5%).
However, INEI pointed out that the domestic hydrocarbons subsector decreased by 8.35% due to the lower extraction of natural gas (-34.4%) and natural gas liquids (-5.0%); while crude oil extraction increased (20.8%).
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