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Peru Mining 2024 Pre-Release II
As the second half of 2024 approaches, Peru stands at a crossroads. According to the latest figures, the Democratic Republic of Congo has surpassed Peru as the second-largest copper producer. Cabinet changes under Boluarte's administration and ongoing corruption cases have taken a toll on investor confidence, and illegal mining remains a pressing issue. However, not everything is lost for the Andean country, and the mining sector presents growth opportunities.
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Ontario Mining and Toronto's Global Reach 2024
Mine the mines afar, mine the markets in Toronto
Martin Toscano
PRESIDENT, EVONIK
"Nearshoring is nothing new to Mexico, where for many years Tier 1 and Tier 2 companies, especially in the automotive and aerospace sectors, established a presence in Mexico."
Gonzalo Quijandría
PRESIDENT OF THE ORGANIZING COMMITTEE OF THE SIMPOSIO – XV INTERNATIONAL MINING MEETING, NATIONAL SOCIETY OF MINING, PETROLEUM AND ENERGY (SNMPE)
"We need to emphasize the importance of collaboration across all sectors to fully seize this unique moment in the history of the mining industry."
Olakunle Williams
CEO, TETRACORE ENERGY GROUP
"Our collaboration with upstream suppliers and producers will enable us to unlock gas assets and support our downstream operations."
Walter Ojimba
CEO, CRAIGWAL PETROSHORE LIMITED (CPL)
"We emphasize the importance of crude oil measurement and accounting, while ensuring oil is efficiently transferred."
Cristóbal Schneider Guzmán
GENERAL MANAGER, PROMET
"We transform deserts into operational mini-cities, laying the groundwork for mining and energy projects."
Alonso Quiñones
COUNTRY MANAGER, TORSA
"Unlike some providers that operate without penalties, we are committed to delivering an effective solution that incentivizes positive outcomes."
Guillermo Barreda
GENERAL MANAGER, KNIGHT PIÉSOLD PERU
"We conducted geotechnical research in Yanacocha and evaluated a tailings deposit within a leach pad. Introducing the Nuclear Magnetic Resonance (NMR) equipment to gather detailed information on mineral characteristics was a groundbreaking initiative, marking a first in the country."
Peter Schiemann
CEO, YMMUNOBIO
"We are dedicated to establishing proof of concept with our ADC targeting NPTXR."
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It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.
It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.
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