Tag: copper

How important are exports for the Peruvian economy?: BCRP reports that it represents more than 25% of GDP

How important are exports for the Peruvian economy?: BCRP reports that it represents more than 25% of GDP How important are exports for the Peruvian economy?: BCRP reports that it represents more than 25% of GDP

The Central Reserve Bank of Peru (BCRP) reported that Peruvian exports They reached US $ 75,916 million in 2024, representing an annual increase of US $ 8,398 million, equivalent to 12.4%. This amount corresponds to 26.2% of the internal gross product (GDP) and exceeds 25.2% registered the previous year. It should be remembered that the […]

The Peruvian sun would be positioned as one of the most stable currencies against the dollar in South America: these are the reasons

The Peruvian sun would be positioned as one of the most stable currencies against the dollar in South America: these are the reasons The Peruvian sun would be positioned as one of the most stable currencies against the dollar in South America: these are the reasons

In recent days, a notable decrease in the price of the dollar has been observed, which has generated positive expectations in the exchange market. This is because the sun is around S/3.60 following different factors that have promoted the appreciation of the Peruvian currency in early 2025. In particular, the professor and researcher at the […]

This country in South America will have new mining projects to position itself as a world copper producer: exports to key markets like China

This country in South America will have new mining projects to position itself as a world copper producer: exports to key markets like China This country in South America will have new mining projects to position itself as a world copper producer: exports to key markets like China

This is the country that continues to position itself as one of the main mining powers worldwide, especially in copper production. According to official sources, it has approximately 100 million metric tons of reserves of this metal, extracted with advanced technology, which would strengthen its competitiveness in the global market. In contrast, other countries face […]

The Algarrobo: The Millionaire Water – Mining Project in Piura of US $ 2,753 million to extract extra -abuse minerals such as Copper

The Algarrobo: The Millionaire Water – Mining Project in Piura of US $ 2,753 million to extract extra -abuse minerals such as Copper The Algarrobo: The Millionaire Water – Mining Project in Piura of US $ 2,753 million to extract extra -abuse minerals such as Copper

The Private Investment Promotion Agency, together with the Buenaventura Minas Company, awarded the Water and Mining Project The carobheld a meeting with residents and locuto authorities (Piura). During the meeting, the objectives and advantages that this private initiative will bring for the community were exposed. The first meeting took place on Thursday 30 at the […]

Peruvian exports reach US $ 74,664 million: minerals and blueberries led sales to China, USA, Chile, etc.

Peruvian exports reach US $ 74,664 million: minerals and blueberries led sales to China, USA, Chile, etc. Peruvian exports reach US $ 74,664 million: minerals and blueberries led sales to China, USA, Chile, etc.

The Ministry of Foreign Trade and Tourism (Mincetur) announced that Peruvian exports They reached a total of US $ 74,664 million at the end of 2024, which means a new historical record for the country. In particular, he highlighted the positive performance of the metallurgical, fishing, agricultural, mining and chemical items. In addition, Mincetur stressed […]

Peruvian copper exports to China exceed total shipments to the United States: what other products are exported to the Asian giant?

Peruvian copper exports to China exceed total shipments to the United States: what other products are exported to the Asian giant? Peruvian copper exports to China exceed total shipments to the United States: what other products are exported to the Asian giant?

The Ministry of Foreign Trade and Tourism (Mincetur) reported that Peruvian exports sent to China They exceeded US $ 25,000 million in 2024. In this way, the second economic power world exported products. In addition, imports from Chinese goods also experienced positive performance last year, since they went from US $ 14,000 million. In general, […]

Peru falls into copper and would face Trump tariffs

Peru falls into copper and would face Trump tariffs Peru falls into copper and would face Trump tariffs

Amid the debate on the imposition of copper tariffs by the Donald Trump administration in the United States, scheduled for dates near February 18, Commodity Summaries 2025 Mineral Reportpublished on January 31 by the US Geological Survey (USGS), revealed that the Democratic Republic of the Congo exceeded for the second consecutive year of Peru in […]

Chile maintains “high estimates” on average copper price for 2025-26

Chile maintains “high estimates” on average copper price for 2025-26 Chile maintains “high estimates” on average copper price for 2025-26

The state Chilean commission of Copper (Cochilco) He reported Thursday that his projection of the price of copper for both this year and 2026 is US $ 4.25 La Libra. The institution explained that high estimates respond to a “Increase in copper demand given the highest requirements of the mineral to supply the development of […]

Trump effect: world uncertainty against possible copper tariffs

Trump effect: world uncertainty against possible copper tariffs Trump effect: world uncertainty against possible copper tariffs

12 days have passed since Donald Trump began his second term as president of the United States. Without a doubt, one of the ads generated by the alert of economies worldwide is the imposition of tariffs on several countries, which could have an impact on commercial relations. In that sense, the copper It is one […]

Peru and Chile would lead the demand for “new oil” in the coming years

Peru and Chile would lead the demand for “new oil” in the coming years Peru and Chile would lead the demand for “new oil” in the coming years

As the world advances towards reducing its dependence on fossil fuels, copper emerges as a fundamental resource for electrification and development of Renewable technologiesto the point of being called by Chilean media as the “new oil” of modern economies. “It is not exactly like that. The energy transition requires copper, molybdenum, lithium and rare earths, […]

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