Global Business Reports


Lucrezia Falcidia, Braulio Tresguerres, Natalia Preciado

MINPER 2023 - Perumin Official Investment Guide (Spanish Print Version)

September 22, 2023

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.


Tembo Power is developing hydropower projects across Africa with a focus on DRC.
Chesser Resources is upbeat about its Diamba Sud gold resource in Eastern Senegal.
Robocon speaks with GBR about the outlook for its services in Peru.
"Our product innovation process involves gathering client feedback and submitting it to the factory, which determines which ideas to pursue based on economic considerations."


Mexico Chemicals 2024

In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.



"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."