“If you do not explore there will be no future projects,” said Carlos Gálvez, president of Perumín 2019, to El Comercio. Hence the concern raised by the fall in investment in mining exploration in 2018.
According to the Ministry of Energy and Mines (MEM), investment in this area amounted to $325.5 million US dollars in January-October 2018, 12.7% less than in the same period of 2017.
“If this news is confirmed, it will be the second time that we will have this leadership position in Latin America. The last one was in 2009 when we got the third place in the world”, told Miguel Cardozo, president of the Alturas Minerals junior mine, to the aforementioned media.
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