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LatinNews Daily - 07 December 2022

In brief: Peru’s mining investment and exports down

* Peru’s mining and energy ministry (MEM) has released new figures showing that mining exports and investments in the mining sector both fell in October. Mining investment that month totalled US$433m, down from US$505m the previous month and US$466m in October 2021. Mining exports also fell by 2.2% year-on-year to total US$28.17bn. Copper production increased by 8.3% year-on-year in October, and increases were also recorded for the production of tin (+24.2%), gold (+5.2%), and lead (+3.0%). However, the MEM also reported a decrease in production of iron (-8.2%), zinc (-5.4%), molybdenum (-3.9%), and silver (-2.3%).

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