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Together they add up to an investment of US$ 220 million, 36.8% of the global investment of the 2023 Mining Exploration Portfolio.
Our country currently has 18 gold projects under exploration, which together add up to an investment of US$ 220 million, a figure that represents 36.8% of the global investment of the 2023 Mining Exploration Portfolio. This was reported by the Ministry of Energy and Mines (MINEM).
This group includes the La Zanja (US$ 114 million) projects in Cajamarca, La Paccha (US$ 29 million) in La Libertad and Tambomayo (US$ 24 million) in Arequipa. In addition to Algamarca, Cochacucho and Mylagros, Colorado, Colossus, El Dorado, Gabon, Illuminator, Miscanthus, Pucaloma, Gold, Santo Domingo, Scorpius, Sitabamba, Usicayos and Yanacohita II.
It should be noted that there are six investment projects that together add up to US$ 6,993 million. Of these, four are in the development stage: Conga (US$4.8 billion) in Cajamarca, Ollachea (US$89 million) in Puno, Inmaculada Replacement (US$1.319 million) in Ayacucho and Tantahuatay Replacement (US$194 million). cajamarca.
Meanwhile, the investment projects San Gabriel (US$470 million) in Moquegua, with an expected production of 125,000 fine ounces, and Ampliación Santa María (US$121 million) in La Libertad, with an additional 36,000 fine ounces of gold, are under construction stage.
Mining exploration
In this line, the MINEM considers that mining exploration constitutes a fundamental piece for the development of mining activity, allowing not only the capture of significant sums of national and foreign investment, but also the discovery of new deposits or the extension of the useful life of the mining units that are already in operation.
At the national level, at the end of 2022, the increase in investments registered in the mining exploration category stands out, which reached US$ 427 million, evidencing an increase of 27.08% compared to what was reported in 2021 (US$ 336 million). In addition, this figure marks a historical milestone that has not been recorded since 2018 (US$ 431 million).
What has been stated reflects the confidence that investors maintain in the enormous geological potential existing in our territory, which makes Peru a destination of growing interest for investors and mining companies to identify and develop deposits that are viable and sustainable. |
