📋 Tender Overview
Gold, silver, iron, tin and molybdenum saw year-on-year improvements.In the fourth month of this year, the national production of metals such as gold, silver, iron, tin and molybdenum experienced improvements compared to the same month of the previous year; while the production of copper, zinc and lead decreased slightly compared to what was reported in April 2023, according to figures from the Mining Statistical Bulletin (BEM) of the Ministry of Energy and Mines (MINEM).
The document specifies that, during the period from January to April 2024, an expansion was recorded in the production of almost all the main metals in relation to the same accumulated period of the previous year, such as copper, gold, silver, lead, iron, tin and molybdenum. Along these lines, the accumulated copper production as of the fourth month of 2024 registered 845,044 TMF, a slight growth of 0.4% compared to the same period of the previous year (841,723 TMF).
Meanwhile, gold production reached an increase of 11.2% in April compared to the same month of the previous year; while the accumulated production as of April 2024 registered an interannual improvement of 19.4% compared to the same period in 2023. Regarding silver, it reported an increase of 3.2% compared to the same month in 2023; and the accumulated production at the end of the fourth month had an increase of 7.7% compared to that recorded in the similar period of 2023.
In April, iron production increased by 8.4% compared to the same month in 2023; and, until April 2024, it accumulated an expansion of 6.6% compared to the similar period last year. Tin reported an increase of 13.8% compared to April 2023; while the cumulative figure showed a positive variation of 140.5% compared to January to April 2023. Finally, in April the national production of molybdenum registered a growth of 37.4% compared to what was reported in April 2023; while zinc and lead registered slight contractions in their production.
