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Home International Customs

Bolivia exports $1.51 bil worth of metals over Jan-Oct, up 2% on year

byCT Report
07/12/2016
in International Customs, World Business
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LIMA: The value of Bolivia’s minerals exports over January-October rose 2.2% year on year to $1.51 billion due to a rebound in metals prices, the National Statistics Institute said in a statement Monday. Revenue from exports of zinc concentrate rose 3.5% year on year to $762 million, while silver went up 6% to $516.5 million and lead gained 15.8% to $131.3 million, the data showed. Gold export revenue rose 24% to $22.9 million. Copper export revenue plunged 42% to $24.1 million, while that from tin exports fell 43.7% to $7.1 million. Revenue from antimony exports fell 56% to $2 million while that from tungsten declined 39.6% to $12.1 million, the data showed.

Revenue from refined gold exports, which are reported separately, rose 2% to $637.3 million, while that from refined tin gained 7.6% to $237.7 million and from refined silver rose 8.9% to $89.4 million, the agency said. Antimony fell by half to $10.6 million, while copper cathodes declined 34.3% to $6 million. Bolivia, which is home to mines operated by Pan American Silver, Sumitomo, Coeur Mining, Orvana Minerals and Franklin Mining, produced 19,287 mt of tin, 407,332 mt of zinc, 82,131 mt of lead, 7,549 mt of copper and 41.2 million oz of silver in 2013, the most recent data available figure from the mining ministry.

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