📋 Tender Overview
The Minister of Energy and Mines, Oscar Vera Gargurevich, pointed out that mining is a fundamental axis for the development of Peru and that the world currently looks to us as a good destination for mining investments. It was during his participation in the inauguration of the "Mining Engineering Week 2024", organized by the College of Engineers of Peru.
"We know the great interest shown by large companies worldwide and they look with great expectation at the development of our mining activities, because they are confident that there is stability for investments in Peru," he said.
The national mining sector, during 2023, showed significant progress in the mining production of 8 main metals, where copper stands out, which according to preliminary figures reached around 2.7 million fine metric tons, a great positive boost for our mining industry.
Last year, six important mining projects totaling US$ 5,698 million were also unblocked, including: Toromocho Expansion (US$ 815 million), Zafranal (US$ 1,263 million), Rereplenacion Inmaculada (US$ 1,319 million), Yumpag (US$ 81 million), Pampa de Pongo (US$ 1,799 million) and Glencore's South Dump (US$ 421 million), located in different regions of the country.
These investments will soon be joined by the Inmaculada, La Zanja, and Poderosa projects, among others, for more than US$ 2,800 million. While by 2025 it is projected that the construction of another 6 new mining projects will begin, with an investment of more than US$ 6,036 million.
Along these lines, Minister Vera Gargurevich said that the Government is committed to accompanying these activities because we know the great importance of their development to move our country and all Peruvians forward.
"This 2024 is going to be the year of Peru's recovery and it is the mining activity that this new situation is offering us. It is time to be united and work together," said Minister Oscar Vera.
