Mining

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News

Moody's: Peru attracts mining investment due to its competitive costs

He said that although transitory shocks have been seen in the prices of raw materials, and the most sensitive is the price of copper, which came down to 2.50 dollars per pound, Peru has advantages to attract capital in this sector.

"The favorable thing that Peru has is that its mines, especially in copper are quite competitive, the cash-cost of operating them is quite low, and even with relatively moderate prices of commodities you can operate with profits and this generates taxes and income. prosecutors, "he said.

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News

Scotiabank raises mining investment projection for 2018 and 2019 in Peru.

The bank Scotiabank raised its forecast of growth of mining investment in Peru from 14% to 17% by 2018 and from 9% to 13% by 2019, and estimated that the investment would reach some US $ 4,600 million in 2018 and about US $ 5.2 billion in 2019.

The main change in this estimate is the incorporation of the Quellaveco project, from Anglo American, to the Scotiabank projections. Previously, it considered marginal flows for both 2018 and 2019, said the senior analyst at the bank's Economic Studies Department, Erika Manchego.

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News

Peru: 47% of mining projects are concentrated in the regions of Cajamarca and Apurimac

"Although Peru has an important portfolio distributed in 17 regions, monetary poverty is still present in some of them due to delays in the investment process, closely related to 57 social mining conflicts that put the activity of the sector at risk" , Cesar Peñaranda, Executive Director of IEDEP. set.

 

Cajamarca heads the list of regions with the largest portfolio of mining investments, with US $ 16.209 billion, but also experiences high levels of monetary poverty (in 47.6% of the population) and currently faces 11 social conflicts.

 

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Events

Events

PDAC 2018

4 to 7
March

PDAC is the leading International Convention worldwide for people, companies and organizations related to mining exploration or related to it.