PUBLICATION

Global Business Reports

AUTHORS

Mungo Smith, Lucrezia Falcidia, Braulio Tresguerres, Natalia Preciado

Peru Mining 2023 Pre-Release II

April 21, 2023

2022 was a volatile year for the entire world but especially for Peru. After having won the presidential elections by a narrow margin, the left-wing then-president, Pedro Castillo, was impeached and arrested. While Dina Boluarte, the former Vice-President, took power and pledged to bring forward elections, protests expanded throughout the country. The current turmoil is imperiling mineral production, one of Peru's leading industries.

Despite challenges, Peru has a strong pipeline of new projects with an overall investment value of US$53.7 billion, a robust equipment and service ecosystem, and junior and producing companies leveraging Peru's copper endowment aligned with the world's goals toward a more sustainable future. Everybody has strong fundamentals to be bullish on Peru.

This second pre-release edition of GBR's PERUMIN 2023 Official Investment Guide comprises an analysis based on more than 70 interviews with the leading executives from the entire mining value chain of the Peruvian mining industry to provide a holistic view of the events taking place in the country, how those events have impacted their activities, and what they expect for the upcoming months.

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.
After cementing its position as a logistics industry leader in the DRC for over six decades, Comexas Afrique is launching into a new phase of existence and undergoing a rebrand, which will introduce the world to a new name, ConnexAfrica.

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United States Life Sciences 2023

In many ways, 2022 was a turning point for the US life sciences industry. After having provided a lightning-quick response to the Covid-19 pandemic, the industry gathered the lessons learned and sought a sense of normalcy to continue developing necessary drugs for patients worldwide. Yet, the geopolitical, macroeconomic, and regulatory environments all come with their set of challenges, forcing executives into increasingly complex decisions when defining their strategies.

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MACIG

"With mining companies currently enjoying high prices, exceptional production performance and robust supply chains, we anticipate that the sector will continue showing resilience and growth, remaining financially sound in 2023."

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