Peru's mining project portfolio —in the study phase— is worth US$10.5 million and could potentially begin the execution stage in 2023, BBVA Research Head Francisco Grippa has affirmed.
In this sense, Los Chancas, Trapiche, Pukaqaqa (copper), and San Gabriel (gold) projects are currently in pre-feasibility stage.
Meanwhile, Zafranal, Coroccohuayco, Magistral (copper), Lagunas Norte (gold), and Pachapaqui (zinc) projects are in the feasibility phase.
On the other hand, Pampa de Pongo (iron), Corani (silver), and Santa Maria (gold) projects are in detail engineering stage.
Competitiveness
Furthermore, Grippa indicated the main factors that determine the mining sector's
competitiveness are resource availability, as well as the policies that promote investments in this segment.
Within this framework, he pointed out that —according to the Mining Competitive Index 2017— the Inca country was ranked second ahead of Canada, Australia, the United States, Russia, Mexico, and Brazil, among others. It must be noted the list is topped by Chile.
Moreover, Grippa underlined Peru has significant mining resources.
(END) MDV/DTK/MVB