PUBLICATION

Engineering & Mining Journal

AUTHORS

Alfonso Tejerina, Miguel Pérez-Solero, Lina Jafari, Lucrezia Falcidia

Peru Mining 2019 E&MJ Release

August 19, 2019

Total mining investment in Peru amounted to US$4.95 billion in 2018, according to the Ministry of Energy and Mines (MEM). This represents close to a 26% increase from the US$3.93 billion invested in 2017. From the point of view of copper production there were no significant changes during 2018, although the expansions of Toquepala and Toromocho and the upcoming entry in production of Mina Justa and Quellaveco will be adding new capacity soon. The country, however, continues to face significant social opposition to certain mining projects: after an escalation of protests, the government recently decided to suspend the license for the construction of the US$1.4 billion Tía María copper project, which had been granted just a few weeks before.

RELATED INTERVIEWS MORE INTERVIEWS

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."

RECENT PUBLICATIONS

Latam North and Caribbean Mining 2025

The Latam North and Caribbean Mining 2025 report adopts a regional formula to promote cross-border investment. Each country is given room to shine individually, while also being woven into broader narratives.

MORE PREVIOUSLY PUBLISHED

MACIG

"We expanded our business in West Africa and built our largest mine to date at a time when the markets were risk averse. Being counter-cyclical takes both discipline and guts, but it pays off and we are now reaping the benefits."

SUBSCRIBE TO OUR NEWSLETTER