Fresno Adventist Academy is on a Mission Trip to Peru
from March 12th through 24th 2014
with the Quiet Hour Ministries (QHMinistries.org).
School Website: www.FAA.org

Tom Krazan

Sunday, March 16, 2014

Copper and other Minerals in Peru

Peru holds 13% of the world's copper reserves, 4% of gold, 22% of silver, 7.6% of zinc, 9% of lead and 6% of tin reserves.

Five major copper mines, with an estimated investment of $13 billion, are expected to begin production in Peru before 2016, upping the country’s output of the red metal from 1.3 million tonnes last year to 2.8 million tonnes.

Peru’s steady growth in recent years has been largely driven by mineral production. Last year the country injected $9.7 billion to the local economy coming from mining, jumping 14% when compared to 2012.