Great Panther Silver made a foray into Peru last year with the acquisition of the Coricancha mine complex which it intends to bring to production swiftly.
Regulus Resources is launching a major drilling campaign at its AntaKori property in Peru, a copper-gold sulfide skarn deposit, and is expecting a new resource estimate at the end of the year.
As the second half of 2024 approaches, Peru stands at a crossroads. According to the latest figures, the Democratic Republic of Congo has surpassed Peru as the second-largest copper producer. Cabinet changes under Boluarte's administration and ongoing corruption cases have taken a toll on investor confidence, and illegal mining remains a pressing issue. However, not everything is lost for the Andean country, and the mining sector presents growth opportunities.