Peru is still attractive to domestic and foreign businessmen, since its estimated mining investment portfolio, comprising 47 major projects, amounts to US$56.4 billion, Peru’s Energy and Mines Ministry reported.
As at October 2015, the portfolio includes 24 projects in the advanced exploration stage and six expansion projects in mining units, as well as 14 projects with a duly approved Environmental Impact Assessment (EIA) and other 3 with EIA assessment process.
Among the principal exploration projects are Galeno, La Granja, Michiquillay, Cañariaco, Haquira, Rio Blanco, Quechua, Los Chancas and Los Calatos.
Likewise, expansion projects include Cerro Verde, Toromocho, Marcona, Bayovar, Toquepala and El Porvenir.
Projects with approved EIA and building authorizations are Las Bambas, Quellaveco, Congo, Crespo, Shauindo and Shouxin.
Other projects with approved EIA reports but lacking construction license are Tia Maria, Fosfatos, Pampa de Pongo, Tambomayo, San Luis, Corani, Pukaqaqa and Ollachea.
Meanwhile, EIA of Magistral, Santa Ana and San Gabriel projects is under evaluation.
(END) CNA/JJN/RMB
Published: 12/27/2015