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Peru's gold production surges 13% in September - report
According to the Ministry of Energy and Mines of Peru (MINEM), gold production in Peru, the world’s tenth largest gold producing country, was 8,908 kg (286 koz) in September 2023, up 13% compared to 7,888 kg (254 koz) mined in September 2022. MINEM said that this positive performance was primarily due to increased production recorded by Minera Yanacocha (+77.9%), as well as Consorcio Minero Horizonte (+5.1%) and Compañía Minera Poderosa (+4.7%). At the company level, Minera Yanacocha (owned by Newmont) sits first accounting for 9.1% of total gold production in Peru, followed by Compañía Minera Poderosa (8.3%) ... (full story)