PUBLICATION

Global Business Reports

AUTHORS

Ben Cherrington, Mariolga Guyon

Peru Mining 2021

September 14, 2021

In 2020, investment into Peru’s mining industry totalled US$4.33 billion, a decrease of over 29% from the US$6.15 billion spent in 2019. However, a rebound is expected in 2021. Producers have been looking to make up for time lost during the three-month lockdown in 2020, spurred on by the surging copper price, which hit an all-time-high in May 2021, and has remained over US$4/lb since February. 

The election of Pedro Castillo’s Perú Libre government comes at a crucial moment for the country. Peru’s mining sector could be its engine of economic recovery, but this will require collaboration between the State and the private sector. To take advantage of the bullish macro outlook for mining and metals, political stability and addressing a cumbersome permitting process are urgent. 

Our 2021 Peru Mining Report, the latest in GBR’s flagship Industry Explorations series, is the product of over 120 interviews with major mining companies, junior explorers, engineering firms, consultants, service providers, equipment and technology suppliers and associations. The result is an up-to-date review and analysis of the current operations, projects and trends in Peru's mining industry.

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

Mexico Chemicals 2024 CW Release

Mexico’s chemical industry is entering 2024 with stronger supply chains, lower emissions, and improved processes. It is poised to play a pivotal role in the country’s economic development.

MORE PREVIOUSLY PUBLISHED

MACIG

"Namibia offers a compelling value proposition for investors looking to capitalize on the country's vast potential in the mining and energy sectors."

SUBSCRIBE TO OUR NEWSLETTER