Mining investments in Peru from January to April of this year grew by 31.2% compared to the same period of 2018, the Ministry of Energy and Mines (MEM) said in a statement.
“The result obtained during the first quarter of the current year contributed to investments amounting to $1.624 million US dollars until April”, the Secretary of State said in the said statement, according to Sputnik News.
This favorable scenario, according to MEM, is supported by the investments of the Mina Quellaveco projects (southern department of Moquegua), by the English company Anglo American Quellaveco, and Mina Justa (central department of Ica) of the Peruvian company Marcobre.
According to data from the Ministry of Economy, the mining sector was the only one that retracted in 2018, with a decrease of 1.29% due to the lower production of gold, silver, copper and lead, among the main metals.
(Cover Photo Archive)
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