📋 Tender Overview
Minem reported that copper production was recovered in October and that Apurmac and Cajamarca are the regions with the highest number of mine construction projects.For the fifth consecutive month in October direct employment in the mining sector registered an increase of 5.9 compared to September as reported by the Minister of Energy and Mines Jaime Glvez. He added that 189077 active workers have been reached. He stressed that the increase in direct work in the mining sector has an important effect on the generation of indirect jobs that allow tens of thousands of Peruvians to cope with the economic impact caused by the coronavirus pandemic. It also reported that in October the national copper production had a recovery of 20.5 compared to September managing to close the interannual production gap caused mainly by the pandemic and exceed that registered in the same month last year according to the results of the Mining Statistical Bulletin BEM of the Minem. Regarding mining investments US 380 million were executed in October 18 more than in September US 323 million while in the January-October period a total of US 3281 million was totaled. On the other hand transfers for mining concepts such as the canon and royalties amounted to S 4022 million in the same period. 2020 mine construction project portfolio Minem highlighted that Apurmac and Cajamarca are the regions with the highest number of mine construction projects with a total of 12 initiatives that represent an investment of US 28.143 million. According to the information from the 2020-2029 Mine Construction Project Portfolio Apurmac has a total of seven projects for an amount of US 10243 million among which Los Chancas and Haquira stand out which are made of copper as well as Apurimac iron. Cajamarca for its part houses five projects for an investment of US 17.9 billion highlighting El Galeno La Granja and Michiquillay for copper as well as Yanacocha Sulfuros for gold whose execution is expected to begin in 2021. The Portfolio of Mine Construction Projects 2020-2029 prepared by the General Directorate of Mining Promotion and Sustainability of Minem concentrates 46 projects for an investment of US 56158 million. 68 of the portfolio corresponds to copper projects which represent an investment of US 38023 million 14 to gold for US 7744 million 9 to iron for US 5.240 million among other minerals.
