Gold production in Peru down 2% in May 2022, ministry says kitconews gold silver investing metals mining finance economics
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!
- According to the latest figures from the Ministry of Energy and Mines of Peru , gold production in Peru, the world’s eighth largest gold producing country, was 7,667 kg in May 2022, a decline of 2% compared to 7,824 kg mined in May 2021. MINEM said that similarly, the domestic gold production of 37,568 kg in January-May 2022 period showed a year-on-year decrease of 1.7% as a result of lower production recorded by Minera Aurifera Retamas S.A. and Consorcio Minero Horizonte S.A. , both due to lower gold grade in mined ore.
At the company level, Compañía Minera Poderosa S.A. maintained its first position accounting for 9.9% of total gold production in Peru in May, followed by Minera Yanacocha S.R.L. and Minera Aurífera Retamas S.A. . At the regional level, La Libertad kept the first position accounting for 31.5% of Peru’s total gold production in May, followed by Cajamarca and Arequipa .
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian women to play for Globl Jam gold after 85-60 win over the U.S.Shy Day-Wilson had 18 points and seven assists to lift Canada's women's under-23 basketball team to an 85-60 victory over the United States on Saturday, and into Sunday's gold-medal game of the inaugural Globl Jam tournament.
Read more »
NL Brings Home Three Gold Medals from Minor Atlantic Soccer ChampionshipsNewfoundland and Labrador captured three gold medals at minor Atlantic Soccer championships on the weekend. Th...
Read more »
Gold makes a move towards support zones in Europe(Kitco News) - The gold's price is again moving lower in the European session as the relentless greenback keeps climbing. At the weekend FX open, the U.S. dollar gained further ground against all its major counterparts but the yellow metal stood firm.
Read more »
Gold trades flat ahead of the European open(Kitco News) - Gold is trading pretty much flat ahead of the European open this morning. Silver is looking more subdued and is nearly half a percent in the red. In the rest of the commodities complex, both copper (-2.11%) and spot WTI (-1.64%) have moved lower overnight.
Read more »
Canada's U23 basketball team beats France 78-60 to win Globl Jam goldAaliyah Edwards high-fived fans and posed for pictures as she made her way off the Mattamy Athletic Centre court with teammates on Sunday, clutching her tournament MVP trophy. Canada had easily defeated France 78-60 moments earlier in the inaugural Globl Jam tournament.
Read more »
Gold, silver see more price pressure amid higher USDX, lower oilSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Read more »