PUBLICATION

Global Business Reports

AUTHORS

Sorina Dumitru, Alfonso Tejerina, Lina Jafari, Sofia Messina, Ben Cherrington

Peru Mining 2018 Pre-Release 2

May 22, 2018

When Martín Vizcarra succeeded PPK as Peru’s president, the mining sector not only welcomed the end of Kuczynski's political agony, but also the new president’s proactive approach towards mining development, following his successful work at Quellaveco when he was governor of Moquegua, between 2011 and 2014. While the political crisis unfolded, the mining industry continued its recovery path, with solid commodity prices helping companies across the board reduce their debts and move their feasibility-stage projects towards a construction decision. Indeed, afer three consecutive years of decline, total mining investment in Peru increased by 15.7% and reached US$4.92 billion in 2017. For 2018, the government expects an additional 20% growth.

RELATED INTERVIEWS MORE INTERVIEWS

MMG speaks to GBR about the first year of production at the vast Las Bambas copper mine.
Watch the video to hear their insights on the precious metals market fundamentals, the role of technology, and the challenges that Peru needs to tackle to boost its mining industry.
“Coricancha will provide a 75% increase in the production level for Great Panther Silver”
Tembo Power is developing hydropower projects across Africa with a focus on DRC.

RECENT PUBLICATIONS

Québec and Atlantic Canada Mining 2025

Québec and Atlantic Canada have traversed 2025 in an enviable position. Strong gold prices have buoyed balance sheets and investor sentiment, while global demand for critical minerals keeps the region firmly on the radar of international markets. At the same time, the provinces’ depth of mining expertise – from AI-driven exploration to advanced drilling, blasting, and geophysics – ensures that technological advantage is firmly on their side.

MORE PREVIOUSLY PUBLISHED

MACIG

"Our jurisdictional diversification is certainly a defining characteristic of Thor, but so is the fact that our projects are also diversified by stage of development."

SUBSCRIBE TO OUR NEWSLETTER