📋 Tender Overview
By the end of 2024, us$4.6 billion in mining investment is expected to be executed. The ministry of energy and mines (minem) reported that, as of the third quarter of 2024, mining investments in peru reached more than us$ 3,343 million, a positive variation of 2.7% compared to the same period in 2023 (us$ 3,256 million).
these figures reflect the confidence of investors in the potential of our sector and the commitment to the modernization and expansion of mining operations, according to the mining statistical bulletin (bem) published monthly by the general directorate of mining promotion and sustainability of minem.
in september 2024, mining investments reached us$ 420 million, showing an increase of 3.2% compared to the figure reported the previous month (us$ 407 million) and accumulating three consecutive months of growth, registering the highest amount of investment executed so far in 2024.
the investment executed in 2 of the 6 areas reported a positive year-on-year variation, such as exploration (+43.2%) and others (+44.4%) and, by the end of 2024, us$ 4.6 billion of mining investment is expected to be executed.
investment in the exploration sector, which is essential for the discovery of new resources, was us$ 53.2 million in september 2024, while investment from january to september of this year amounted to us$ 392 million, reporting an increase of 26.6% compared to the same period in 2023.
in terms of investment in mining equipment, us$ 66 million was executed, an increase of 10.1% compared to what was recorded in august of this year, and the accumulated sum during january to september 2024 amounted to us$ 602 million, showing a positive variation of 26.0% compared to the same period in 2023.
regarding investment in infrastructure, in september 2024 it amounted to us$ 103 million, meaning an increase of 8.5% compared to what was reported the previous month.
the processing plant category recorded us$ 104 million in september 2024, reflecting a growth of 5.8% compared to what was reported the previous month; and the development and preparation category recorded us$ 60 million; while the accumulated investment to the third quarter of 2024 was us$ 497 million.
