📋 Tender Overview
Deputy Minister of Mines, Henry Luna, gave a lecture at the Peruvian-German Forum on Mining and Mineral Resources 2024. The Ministry of Energy and Mines (MINEM) highlights the contribution of the mining-energy sector to the countrys economic and social growth, generating foreign currency, employment, investment and social welfare, so ensuring the continuity of exploration, exploitation and benefit activities is of national interest.
This was stated by the Vice Minister of Mines, Henry Luna Cordova, during the inauguration of the Ninth Peruvian-German Mining and Mineral Resources Forum 2024, which was developed by the Peruvian-German Mining Business Center of the Peruvian-German Chamber of Commerce and Industry.
Mining is the cornerstone of the Peruvian economy, as Peru is a historical leader in the production of precious metals and industrial minerals; however, the world is changing rapidly, and with it, the dynamics and challenges of the mining sector, said Luna during his speech.
Along these lines, he said that the contribution of the national mining and energy sector, as of July 2024, registered a copper production of 1,512,607 fine metric tons (FMT), executing more than US$ 2,511 million of mining investment, which constitutes an increase of 9.8% compared to the investment executed in the same period of 2023.
With regard to the direct employment of the mining subsector, as of the seventh month of 2024, an average of 231 thousand workers were recorded working in mining activities; while mining exports (metallic and non-metallic), as of June, reached US$ 22,574 million, constituting 66.4% of national exports.
Regarding tax revenues or mining tax collection from metallic and non-metallic mining, as of July 2024, this indicator exceeded S/ 10,573 million.
We are clear that the recovery of mining goes hand in hand with Perus growth, the reduction of poverty, and its return to the development path traced since the beginning of the new millennium. Therefore, guaranteeing the continuity of activities is in the national interest, as is encouraging mining and energy investment, he stressed.
Finally, he indicated that Peru, as one of the main mining producers in the world, is committed to leading this process.
Our wealth of essential minerals for clean technologies places us in a strategic position, but we are fully aware that this advantage is accompanied by the responsibility of managing these resources in a sustainable manner, he concluded.
