Peruvian mining investments rose 3.8 percent in H1, year-on-year, to $2.8 billion, the country’s ministry of mines and energy (MEM) said this week.
MEM said there was also an investment growth in the same period, year-on-year, for mining equipment (31.7 percent), exploration (31.1 percent), infrastructure (30.4 percent), preparation (23.1 percent), plant beneficiation equipment (12 percent) and exploration investments (6.7 percent).
“These six areas account for an investment of $2.4 billion or 86 percent the total investments in the period,” the ministry said.
MEM said Peru’s iron ore producer Shougang Hierro Peru, invested about $66 million in the country during the January-August period.