According to GlobalData, Peru is the world’s ninth-largest producer of gold, with output of 3,618koz in 2022, up by 9% on 2021. Over the five years to 2021, production from Peru decreased by a CAGR of 7.52% and is expected to rise by a CAGR of 5% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its report. Buy the report here.
Peru accounts for 3% of global production, with the other largest producers being China (11%), Australia (10%), Russia (8%) and Canada (7%).
Leading producers of gold in Peru are Newmont, Pan American Silver, Hochschild Mining, Gold Fields, Compania De Minas Buenaventura SAA and Glencore. Newmont's output was 225.61koz in 2021, up by 1% on 2020. Pan American Silver produced 212.82koz, an increase of 8%, and output from Hochschild Mining was 210.08koz, an increase of 27% on the previous year.
For more detailed analysis of gold in Peru, buy the report here.