At the end of the third quarter of 2023, accumulated copper production in Peru recorded an increase of 16% (2 million 005,957 fine metric tons, FMT) compared to the same period in 2022 (1 million 728,967). According to the Mining Statistical Bulletin (BEM), in September the production of the red metal reported 235,178 TMF, a […]
Tag: quellaveco
Anglo American lowers copper production forecasts in 2023 and will depend on Quellaveco
According to information shared by the transnational, the projection went from between 840,000 and 930,000 tons, to an average of between 830,000 and 870,000 by the end of 2023. Its shares on the stock market are not going through the best moment either. Join the La República WhatsApp channel Price of the dollar today in […]
Moquegua will advance S/200 million of its mining canon this year
The Regional Government of Moquegua (GORE Moquegua) manages an advance of S/200 million of its mining canon, in order to finance works and development projects in the department. Negotiations with the Executive Power are advanced and the decree should be published shortly. Sector sources reported that half of the budget would go to GORE Moquegua, […]
Moquegua led mining investment in Peru in April 2023
He Ministry of Energy and Mines (Minem) reported that, as of the fourth month of the year, Moquegua ranked first in mining investment in the country, with an amount exceeding US$204 million, amounting to 17.5% of the total participation of US$1,170 million. Regarding copper mining production in April, Moquegua ranked third with 15.8%, with Anglo […]
Quellaveco will start paying canon from next year in Moquegua
Anglo-Americanparent company of the mine Quellavecoin Moquegua, confirmed that the operation called to be one of the main copper projects in the world will advance the payment of Income Tax (IR) from its first year of production, and not when it begins to obtain profits. During the last Mining Thursday of the Institute of Mining […]