Breaking News: Peru Silver Mine Supply Collapsed in April

by Steve St. Angelo
SRSRocco Report

With the data now finally out, Peru’s silver mine production collapsed in April. Due to the shutdown of a large portion of Peru’s mining industry, as a result of the global contagion, the impact on the world’s second-largest silver supply was enormous. While I had mentioned in previous articles that I expected to see silver production from Mexico and Peru to decline significantly, I’m amazed actually to see the real numbers.

Over the past several months, I have checked the Peru Ministry of Mines website for updates on the domestic mine supply figures. However, they have not updated their monthly production data since December 2019. I tried writing the Peru Ministry of Mines website to find out why they haven’t been updating their figures, but I received no reply.

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