Chile’s Mining Production Index Falls in December

According to the INE, the fall is a consequence of reduced activity in all three sectors that make up the index, particularly in the metallic mining sector which dropped by 9.3% in December and subtracted 8.8 percentual points from the index.

RIO DE JANEIRO, BRAZIL - Chile’s National Institute of Statistics (INE) reported that the country’s Mining Production Index (IPMin) fell by 9.3% in December 2020 when compared to December 2019.

According to the INE, the fall is a consequence of reduced activity in all three sectors that make up the index, particularly in the metallic mining sector which dropped by 9.3% in December and subtracted 8.8 percentual points from the index.

In its report, the Institute said that the metallic mining sector, in fact, saw a 9.7% decrease in copper extraction and processing in the . . .

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