Global Business Reports


Sorina Dumitru, Alfonso Tejerina, Lina Jafari, Julian Issa, Sofia Messina

Peru Mining 2018 Pre-Release

March 02, 2018

The start of 2018 has coincided with rising metal prices, increased metal export revenues and solid expectations that a new wave of mining projects will begin construction soon in Peru. So far, the country's political turmoil is not stopping the plans for large greenfield projects like Quellaveco and Marcobre, while there are brownfield expansions on the horizon, for instance at Toromocho. In other words, mining companies have faith in the current cycle and, because they look at the long term, are not so scared by the day-to-day political instability. Indeed, after three years of decline, total mining investment in Peru went up by 15% to reach $4.9 billion (+34% in exploration expenditures), and the government expects a further 20% increase in 2018.


Pembrook Copper speaks with GBR about the development of its Pecoy deposit in Peru.
Plateau Energy Metals speaks to GBR about its recent Falchani discovery in Peru.
"Invicta is a high-grade resource, so it can withstand varying metal prices."
"Crypto-currencies are taking funds away from gold and silver."


GBR speaks to Leopold Mboli Fatran, Minister of Mines and Geology of Central African Republic concerning the challenges of developing the country’s resource industries.