Peru: Mining investment exceeded US$1.443 billion between Jan and Apr 2025

12:53 | Lima, Jun. 18.

The Ministry of Energy and Mines (Minem) reported on Monday that mining investment in the country reached US$1.443 billion during the first four months of this year, a 7.3% increase compared to the same period in 2024, consolidating a positive trend in the sector.

According to the Mining Statistical Bulletin (BEM), prepared by the Ministry of Energy and Mines' (Minem) General Directorate of Mining Promotion and Sustainability (DGPSM), the exploration segment totaled US$215 million between January and April, marking a 48.9% increase compared to the same period in 2024.

This progress reaffirms the sustained reactivation of prospecting activities nationwide, it added.

Projects

Among the projects driving this momentum are Los Chancas (Apurimac), Zafranal (Arequipa), San Gabriel (Moquegua), and Tambomayo (Arequipa), whose investments reflect the sector’s renewed interest in strengthening its portfolio amid a global context of high demand for critical minerals.

"The growth in exploration reflects not only improved market conditions but also a long-term vision on the part of mining investors, who are committed to sustainability and future expansion," Minem stated.

As for infrastructure investment, it reached US$315 million in the period through April, with an 11% year-on-year growth and a monthly jump of 35.6% between March and April alone.

This made it the category with the largest share of total mining investment, accounting for 21.8% of the amount executed.

Expansion

This expansion is driven by leading companies that have strengthened their operational infrastructure to address the technical and logistical challenges inherent to the extractive environment.

Among the main companies supporting this rebound are Southern Peru Copper Corporation (with operations in Cuajone and La Fundicion plant), Compañia Minera Antamina, Minera Las Bambas (Ferrobamba unit), and Sociedad Minera Cerro Verde.

"The behavior of these four major investors reflects a clear strategy focused on technological modernization, capacity expansion, and increasingly sustainable operations," the Minem report highlighted.

At the regional level, Moquegua remains the main destination for mining investment in Peru, accounting for 15% of the national total, followed by Arequipa, which reached a share of 11.37%.

(END) NDP/SDD/MVB

Published: 6/18/2025

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Peru: Mining investment exceeded US$1.443 billion between Jan and Apr 2025

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