Mining investments in Peru in the first two months of the year reached $657 million, according to the ministry of mines and energy (Minem). Year-over-year, the figure represents an 11.2 percent decline.
Investments in the beneficiation plant segment in the January-February period rose 54.7 percent, year-on-year.
On the other hand, investments in mining equipment in the same two-month period fell 28.7 percent, also on a year-on-year basis.
Likewise, investments in the exploration and mining infrastructure segments in the January-February period fell 3.5 percent, and 20.2 percent, respectively, both on a year-on-year analysis.