Mining investments in Peru decreased 11.7 percent in January, year-over-year, according to data released by the ministry of mines and energy, Minem.
Minem said investments in the Peruvian mining sector reached $275 million in January this year, down from $311 million the same month of 2020.
Mining investments in the beneficiation plant and mining equipment in January dropped 17 percent, and 63.8 percent, respectively, both on a year-over-year basis.
Investments in exploration fell another 18.1 percent, year-over-year, while investments in infrastructure declined 22.1 percent, year-over-year.