bullionstreet.com / Thursday, February 7th 02:23 PM IST
For the January-December 2012 period the total silver production was 3,479 mt or a 1.8% increase from the same period a year earlier.
LIMA(BullionStreet): Silver production in Peru climbed by 1.7 percent during December while Gold and copper output dropped.
Peruvian Mining ministry said silver production in December was 305,443 mt or 1.7% more than in the same month a year earlier while gold production was 12.8 mt, down 9.2 percent.
The decline was led by the country biggest gold mine, Newmont Mining-owned Minera Yanacocha, where production in December was 2.3 mt or a 33% decline from the same month the previous year.
For the full year, production in 2012 was 161.3 mt, or a 2.9% decline from the previous year, the ministry said without citing a specific reason for the annual decline.