Mining investment in Perú will reach US$ 11,200 million between 2021 and 2022. In the last twoquarters of 2020, there was an improvement in copper, gold, zinc, silver, molybdenum, lead, among others.
Mining will grow to 14.4% in 2021 and 4.8% in 2022, which implies a significant recovery in metal mining production after the expected fall of 14.1% in 2020. The projected growth for 2021is explained by the normalization of mining production and the entry into operation of Mina Justa and the expansion of Toromocho
Peru has 46 mining projects with an investment of US $ 56,158 million, which are located in 17 regions of the country, it is estimated that by 2025, 50% have already been completed
13 mining projects are expected to begin construction between 2021 and 2025, for a total investment of US$ 11,753 million, among which are Quellaveco, Magistral, Río Seco, Zafranal, Los Chancas, Trapiche and Michiquillay
Peru will begin in 2022 the extraction of the large lithium reserve found in 2017
In 2022, 29 projects with investments of more than US $38 billion are tobegin operations. Two new projects will begin construction: Magistral and the Río Seco copper plant, which together will involve investments of US$840 million
By 2023, the US$1.263 billion Zafranal copper project will start construction
By 2025 Peru will reach a production of three million fine metric tons (tmf) of copper per year
The Minem aims to formalize 11,000 miners nationwide, and to meet this objective, one of the goals is to deliver 1800 certificates of qualification of small mining producer (ppm) or artisanal mining producer (pma),and 1534 people will be trained in 49 internship events and workshops to raise awareness and promote mining
Anglo American has signed an agreement for its Quellaveco copper mine to run 100% on renewable energy, which will allow the miner to fulfill its promise to power all its Latin Americanoperations with green energy by 2022
