Peru’s September output of tin-in-concentrate rose by 14.2% year-on-year to 3,369 tonnes, according to official mine production fugures released by the Ministry of Energy and Mines yesterday. All of the country’s production comes from Minsur’s San Rafael mine near Puno. Production in the nine months to September was 29,185 tonnes, marginally higher than the 29,136 tonnes produced in the same period of 2006.
Minsur recently reported profits of 178mn soles (US$58.8mn) in the third quarter compared to 171mn soles in the year-earlier period. Minsur’s sales in the quarter jumped to 426mn soles from 273mn soles in Q3 last year. The gains were despite the temporary closure of its smelter and refinery following the earthquake of 15 August.
