The Ministry of Economy and Finance (MEF) reported that it will seek to prioritize the unlocking of 9 mining projects for US$ 10,555 million, as part of the Con Punche Peru Plan to reactivate the economy.
These projects are Toromocho Expansion, Yanacocha Sulfides, Antamina Extension, Inmaculada Optimization, Zafranal, San Gabriel, Río Seco Copper Plant, Yumpaq and UEA Retamas Expansion.
During his presentation before the Congressional Commission on the Economy, Banking, Finance and Financial Intelligence, Minister Alex Contreras said that these operations could be accelerated, always respecting environmental and cultural standards.
“A central engine of growth is mining investment, which until last year had a boom due to large projects such as Toromocho, Quellaveco, Mina Justa, among others, which are coming to an end. So, what we want now is to give it an extra air, improving the path of these 9 key projects”, he remitted.
Some of these projects are currently in the review stage of the Environmental Impact Study (EIA) and social management before communities, while others, such as the Toromocho Expansion, only require expediting the modification of the authorization for their construction before the Ministry of Energy and Mines (Minem).
“We have found space for this investment to move much faster,” added Contreras.
Source: Larepublica
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