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"The shutdown of Cobre created a major economic void. This single project represented 4.8% of Panama's GDP (surpassing the Panama Canal’s 3.5% contribution) and 76% of the country’s exports."
"We are observing a notable influx of Asian companies, including Taiwanese and Japanese firms, establishing large operations in Mérida."
"Because our rigs are modular, they can be easily transportable using ATVs, canoes, helicopters, or even by hand, whereas conventional rigs need to be transported via large trucks."
"Cañariaco is a resource capable of producing 150,000 to 160,000 t/y of copper — there are not many that have that potential, and fewer still with the major backing we already have."
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Peru: Stability and Optimism
April 09, 2025
Peru: Stability and Optimism - A new mood in the country’s mining sector
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2024 was marked a ‘super year’ for elections by the UN, with 72 countries and almost half the world’s population heading to the polls, impacting the global mining sector with each vote cast. This election uncertainty was accompanied by familiar issues for Ontario’s miners, with labor shortages, challenging equity markets, and cost inflation dominating the discourse of industry professionals across the value chain.
2024 was marked a ‘super year’ for elections by the UN, with 72 countries and almost half the world’s population heading to the polls, impacting the global mining sector with each vote cast. This election uncertainty was accompanied by familiar issues for Ontario’s miners, with labor shortages, challenging equity markets, and cost inflation dominating the discourse of industry professionals across the value chain.
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