In July 2023, the mining investments They reached an amount greater than US$346 million, a decrease of 21.8% compared to what was reported in July 2022 (US$442 million). At the end of 2023, US$4.7 billion of mining investment is expected to be executed.
In this way, adding the July result to what was achieved in the previous months of 2023, contributed to the accumulated investment as of the seventh month of the year amounting to more than US$2,241 million, which meant a reduction of 19.6% compared to compared to what was recorded in the similar period of 2022 (US$2,788 million).
At the level of mining owners, those that contributed the highest amount of investment executed as of July 2023 were: Compañía Minera Antamina SA topped the list with an executed investment of US$256 million, representing 11.4% of the total. This, as a result of the greater investment made in its Administrative Economic Units “Yanacancha 4” and “Yanacancha 1”.
Anglo American Quellaveco SA ranked second by investing more than US$200 million, equivalent to 8.9% of the total investment, mainly due to the greater investment made in its “Quellaveco” Mining Unit.
Below are Southern Peru Copper Corporation Peru Branch (US$185 million), a company that ranked third with an 8.2% share, backed by the largest investment made in its “Conc. De Botiflaca” and its “Acumulation Cuajone”.
Finally, Cerro Verde Mining Society SAA It was placed in fourth position by investing US$144 million, corresponding to 6.4%, this achievement being the result of a greater investment in its “Cerro Verde Beneficiation Plant”. It should be noted that, together, these four mining companies concentrated 35% of the mining investment made nationwide.
Source: Larepublica
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