Peru was in the spotlight in late 2022 and early 2023, due to an abrupt government change, social conflicts and extreme weather conditions, all of which had an impact on the mining industry.
While some investment continues to flow towards the sector, like Antamina's US$ 2 billion to extend mine life, there are no new large greenfield projects on the horizon after Quellaveco.
In this context, Peru faces the challenge of unlocking projects in its investment portfolio, valued at US$54 billion, not only to sustain the mining ecosystem but also to take the enormous opportunity of the global energy transition. With over 90 million tons of copper reserves, Peru should continue playing a leading role in copper production.
GBR's MINPER: 2023 - PERUMIN Official Investment Guide, produced in strategic alliance with the Peruvian Institute of Mining Engineers, delves into the themes impacting the Peruvian mining industry. The report is produced after 130 interviews with leading authorities from government, industry associations, major producers, juniors, consultants, and technology and service providers.