Peru's gold output will likely fall 20 percent this year: official

Peru's gold output has been hit by dwindling reserves at Newmont Mining Corp's (NEM.N) ageing Yanacocha mine and Barrick Gold Corp's (ABX.TO) Pierina deposit, which is in the process of closing.
A police crackdown on informal and illegal mining this year has also contributed to gold's 17 percent year-on-year production drop in the first seven months of 2014.
Shinno said the Amazonian region Madre de Dios, where small-scale gold miners largely operate outside of the law, once contributed an estimated 20 tonnes of gold to Peru's annual output.
http://uk.reuters.com/article/2014/09/05/uk-peru-minerals-output-exclusive-idUKKBN0H02DK20140905?feedType=RSS&feedName=GCA-GoogleNewsUK