Honduras: Mining Exports Up 17%

Due to better prices in the international market, in 2017 mineral exports totaled $183 million, 17% more than was reported at the end of 2016.

Tuesday, March 13, 2018

The Central Bank of Honduras reported that last year " ...Shipments of gold -primarily to the US- amounted to US $100.1 million, US $5.6 million (5.9%) compared to last year's value. "This increase is explained by an " ... increase of 4.9% in volume and 1% in price."

See "Metalliferous minerals market in Central America"

The report adds that " ...exports of zinc, demanded especially by Belgium, totaled US $43.5 million, US $19.7 million more than what was observed at the end of December 2016; due to the 48.4% increase in the price and 19.8% in volume. "

It concludes that " ... external shipments of silver and lead together amounted to US $19.3 million, destined for Belgium and Australia, respectively. "

See full report (in Spanish).

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More on this topic

Better Figures in Mining Activity

October 2018

Exports from mining companies in Honduras totaled $133 million from January to July 2018, 35% more than reported in the first seven months of 2017.

The Central Bank of Honduras reported that during the first seven months of the year the exported value of zinc was $37.4 million, above the $24 million reported in the same period of 2017. This increase is mainly due to the 17.4 million pounds sold to Mexico and Belgium.

Guatemala: $151 million for Lead Exports

July 2014

The increase in sales of lead abroad has been attributed to the shipments that have begun from the Escobal mine, belonging to Canada's Tahoe Resources.

Lead exports increased by $141 million between January and May this year compared to the same period last year, according to the Central Bank of Guatemala.

Guatemala: Lead mine starts Operations

May 2014

In the first quarter sales abroad of lead totaled $83 million, due to the operation of the San Rafael mine, which extracts silver, lead, zinc and gold.

In eighth place out of the top 25 export products of the country, foreign sales of lead in the first three months of 2014 were equivalent to $83 million, while in the same period in 2013 the figure was just $1.5 million , according to the Bank of Guatemala.

Guatemala: 75% Increase in Amount of Minerals Exported

May 2011

Due to the rising prices of gold and silver, the amount exported in the first quarter increased from $100 million in 2010 to $177 million in 2011.

The upward trend in exports was already reflected last year in 2010, when they showed an increase of 52% in monetary terms in relation to 2009.

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