Mining investments in Peru decline 15.5 percent in Jan-Feb

Thursday, 08 April 2021 19:34:59 (GMT+3)   |   Sao Paulo
       

Mining investments in Peru in the first two months of 2021 declined 15.5 percent, year-over-year, according to the nation’s ministry of mines and energy, Minem.

According to Minem, mining investments in Peru in the January-February period reached $558 million, down from $660 million in the same period of the year prior.

The only area to report an increase in investments was infrastructure. Investments in this specific area in Jan-Feb grew 13.9 percent, year-over-year.

Investments in all the other areas, including beneficiation plants, mining equipment and exploration decreased 22.9 percent, 60 percent and 17.1 percent, respectively, all on a year-over-year basis.


Most Recent Related Articles

Tombador Iron signs multiple logistics contracts to export iron ore from Brazil

Peruvian iron ore export prices remain stable in February

Peruvian iron ore output declines 9.3 percent in February

Peruvian regulator could fine Shougang Hierro Peru

Peruvian iron ore export prices stable for third consecutive month