|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Peru

Mining Projects Worth $56 Billion Planned in Peru

LIMA – The 47 mining projects under development in Peru are worth $56.41 billion, with 24 of the ventures dedicated to exploration and six others involving expansions of existing operating units, the official Andina news agency reported Sunday, citing Energy and Mines Ministry figures.

Environmental impact studies have been completed for 14 projects, while the environmental impact studies for three other projects are still in the evaluation phase, Andina said.

The main exploration projects are Galeno, La Granja, Michiquillay, Cañariaco, Haquira, Rio Blanco, Quechua, Los Chancas and Los Calatos, while expansion projects are planned at Cerro Verde, Toromocho, Marcona, Bayovar, Toquepala and El Porvenir.

Environmental impact studies have been approved and construction authorized for the Las Bambas, Quellaveco, Conga, Crespo, Shauindo and Shouxin projects.

Las Bambas, located in Apurimac region, is the largest Chinese investment project in Peru.

The MMG consortium plans to invest $10 billion to produce copper, zinc, silver and gold at Las Bambas.

China is currently the top investor in Peru’s mining industry, pumping $19.18 billion into different projects, Energy and Mines Ministry figures show.

Chinese investors are involved in the Pampa de Pongo project in Arequipa; Galeno in Cajamarca; Don Javier in Arequipa; and Rio Blanco in Piura.

Investors from the Asian nation are also carrying out the expansions of the Toromocho project in Junin and the Marcona project in Ica.

Companies from the United States are No. 2 on the list of investors in Peru’s mining industry, with $10.13 billion, while Canadian firms are in third place, with $8.35 billion.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved