PUBLICATION

Global Business Reports

AUTHORS

Elisa L. Iannacone, Laura Brangwin, Alfonso Tejerina, Irina Negoita, Miguel PĂ©rez-Solero, Josie Perez, Katie Bromley

MINPER - PERUMIN Official Investment Guide 2015

September 22, 2015

With some degree of uncertainty about the future evolution of commodity prices and the presidential elections in Peru next year, delegates are gathering in Arequipa for the 32nd edition of PERUMIN Mining Convention, one of the key mining shows worldwide.

While community issues around the Tía María copper project are also worrying investors, the truth is that Peru has seen a good number of projects advancing and even nearing completion during 2015, including Hudbay Minerals’ Constancia, MMG’s Las Bambas, Freeport McMoRan’s Cerro Verde expansion, and Hochschild Mining’s Inmaculada.

Adapting to the current environment of low metals prices will be key for operators and providers alike, but considering the diversity of mines and projects that Peru offers, the country’s mining industry will continue to be a key generator of investment, employment, and development.

MINPER 2015 analyzes all these challenges through the voice of the relevant industry leaders, and is being distributed to over 7,500 delegates at PERUMIN.

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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.

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