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Peru Silver Mining to 2024 - Updated with Impact of COVID-19

Peru Silver Mining to 2024 - Updated with Impact of COVID-19

Summary

GlobalData's "Peru Silver Mining to 2024 - Updated with Impact of COVID-19" provides a comprehensive coverage on the Peruvian silver mining industry. It provides historical and forecast data on silver production, reserves by country, and world silver prices. The report also includes a demand drivers section providing information on factors that are affecting the country's silver industry such as demand from end use sectors including industrial, jewelry, investment, and Chinese PV market. It further profiles major silver producers, information on the major active, planned and exploration projects.

Peruvian silver mine production is expected to decline for the third consecutive year in 2020, to 114.2 million ounces (Moz), against 136.2Moz, a year ago. COVID-19-related labor shortages at Uchucchacua mine, coupled with temporary suspensions at the Arcata, Huaron and Morococha mines, were the primary factors attributable for the lower production in 2020. Moving ahead, the country's Ministry of Energy and Mines plans to raise its mining gross domestic product (GDP) and investments to 14.4% and US$5.4 billion respectively in 2021, to revive its economy from the COVID-19 pandemic. Over the forecast period (2021-2024), Peruvian silver mine production is expected to grow at a compound annual growth rate (CAGR) of 2.5%, to reach 140.2Moz.

Scope

- The report contains an overview of the Peru silver mining industry including key demand driving factors affecting the Peruvian silver mining industry.
- It provides detailed information on reserves, reserves by country, production, competitive landscape, major operating mines, major exploration, and development projects.

Reasons to Buy

- Comprehensive evaluation of the impact of COVID-19 on Peruvian silver industry
- To gain an understanding of the Peruvian silver mining industry, relevant driving factors
- To understand historical and forecast trend on Peruvian silver production
- To identify key players in the Peruvian silver mining industry
- To identify major active, exploration and development projects in Peru
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Peru Silver Mining to 2024 - Updated with Impact of COVID-19
Published By :GlobalData
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