The mining investment reached US$335 million in April 2023. This mode represents a 19% drop compared to the result of the same period of 2022, when US$ 413 million was reached. However, the figure for the fourth month of the year is 8.1% higher than that registered in March (US$310 million), according to the latest […]
Tag: mining
Peruvian exports fell 2% in the first 4 months of the year
Although in April Peruvian exports (US$5,373 million 634,000) closed with a rise of 6.7%, the global amount for the first four months of the year (close to US$20,817 million) registered a fall of 2%, which shows the difficult moments that the country experienced in that period as a result of political instability and weather phenomena. […]
Peruvian copper and a latent African threat
This week, it was learned that the Democratic Republic of Congo (DRC) could displace Peru as the world’s second largest copper producer in no more than five years. The information, shared by Wood Mackenzie, indicates that the extraction of the African red metal almost equaled that of Peru in 2022, where 2 million 438,631 tons […]
The largest mining area in the world is in the Pacific and is home to more than 5,000 new species
As countries try to neutralize greenhouse gas emissions carbonthe world demand for minerals is growing, a green revolution that is accelerating the mining exploitation of the oceans. One of these zones is the Clarion-Clipperton Zone (CCZ), a huge region in the Pacific Ocean, roughly twice the size of India, which has already been divided up […]
La Libertad continues to be the leading gold producer in the country
La Libertad has positioned itself as the first gold producer in the country, however, it has not yet recovered its production levels that it reached between 2005 and 2015, according to the Chamber of Commerce of the region, which manages the monitoring and promotion of formal and responsible private investment. Precisely, its president, Alfonso Medrano […]
Arequipa: they insist on annulling the resolution that gives land to the Zafranal mine
opinion. CRA Commission concludes in declaring null and void resolution with which property is granted to mine. It also raises complaints to the officials who sign assignment. SAT will auction nearly 700 vehicles: when, where and how to participate? Price of the dollar today in Peru: what is the exchange rate for this May 23? […]
Senace approves EIA of Zafranal mining project in Arequipa
He National Environmental Certification Service for Sustainable Investments (Senace) approved the Environmental Impact Study (EIA-d) of the Zafranal mining project that will exploit copper deposits, between the province of Castilla and Caylloma in the Arequipa region. The approval of the EIA occurs in a difficult context for the investment of Canadian and Japanese capital. The […]
Arequipa: Zafranal mining project awaits final decision from Autodema
The Zafranal Mining Company (CMZ) could lose ownership of 12,207 hectares to exploit copper for 19 years. The Autonomous Authority of Majes (Autodema), owner of the properties, handed over the usufruct of the area with a resolution of October 2022. autodema sent a letter to CMZ to activate the annulment process ex officio and they […]
Arequipa: GRA lacks money to finance inspection of small mines
The Regional Energy and Mines Management of Arequipa, has the mission of supervising artisanal mines, such as Yanaquihua SAC, in whose operation 27 workers died suffocated by the smoke of a fire. However, he has no budget for this work. This was reported by the head of the agency, Yakir Rozas Manya, before the Regional […]
Regional Government of Arequipa seizes land from a US$1.4 billion mining project
He Regional Government of Arequipa (GRA) published a statement annulling the usufruct of 12,207 hectares in favor of the Zafranal mining company. In this extensive area, between the provinces of Castilla and Caylloma, this company plans to exploit copper deposits with a low concentration of gold. The decision of the Arequipa institution, through its attached […]