Macroeconomic stability and legal certainty remain the pillars of the Peruvian government's strategy to consolidate our country as an attractive destination for investment,
During his participation in the session titled "Peru: Country Promoting Mining Investment" at Peru Day, held as part of the Annual Mining Convention PDAC 2026 in Toronto, Canada, he presented an active agenda to accelerate projects through clear rules.
In his presentation, the Cabinet member noted that there is a portfolio of 65 mining projects worth US$63 billion.
According to the government official, this figure reflects the country's potential to drive new investment and expand productive capacity in an international context that demands strategic minerals linked to the energy transition.
In that regard, he underscored that Peru holds a strategic position as a supplier of traditional and critical minerals, which — together with its geological potential and macroeconomic strength — enables the country to position itself among leading producers in the region and the world.
The Cabinet member stressed that Peru ranks among the top 10 countries in production or reserves of silver, copper, zinc, lead, tin, molybdenum and gold, consolidating a diversified mining supply ready to generate value.
Addressing leading global players in the sector, Minister Lopez also emphasized the importance of strengthening an environment that combines competitiveness, sustainability, and citizen well-being, underscoring the role of private investment in generating growth, employment, and greater opportunities in domestic regions.
In that regard, he noted that Peru is a mining country with strong potential to explore and implement new projects, adding that these international forums help consolidate confidence and drive investment decisions.
As part of the country's competitive advantages, the minister highlighted a key factor for investment: the cost of electricity in industrial processes.
He noted that the regional average stands at around US$0.147 per kWh, while Peru records approximately US$0.107 per kWh, which increases profitability and helps make mining projects viable.
Regarding its impact on the economy, the government official explained the multiplier effects of mining.
Similarly, the Cabinet member noted that for every US$1 million invested in the sector, approximately US$1.8 million is generated in total output, dynamizing value chains such as manufacturing, construction, services, trade and other activities.
He added that these benefits become especially tangible in areas of influence to the extent that the population identifies concrete advantages and productive linkages are strengthened.
Moreover, the Executive Branch representative highlighted the sector's export performance.
The minister indicated that mining maintains an upward trend.
He added that, by the end of 2025, mining exports reached US$59 billion, with visible increases in minerals such as copper, gold, lead and zinc, amid favorable prices and positive prospects for the international market.
As part of the government's agenda to accelerate projects, Minister Lopez highlighted the work of the Specialized Investment Monitoring Team (EESI), a strategic initiative of the Ministry of Economy and Finance (MEF) that provides support and follow-up on permits and critical milestones to facilitate the execution of both private and public investment.
The EESI monitors and helps unblock a portfolio of 51 prioritized projects.
Investment for 2026 is estimated at US$4 billion, including 17 mining projects totaling US$2.471 billion, aimed at expediting their development and ensuring those initiatives move forward with greater predictability.
PDAC meeting overview
As part of his agenda in Toronto, Minister Lopez held a series of bilateral and working meetings with companies and investors from the sector — including financial institutions and mining companies with operations in Peru — to exchange perspectives, gather investment signals, and strengthen institutional engagement aimed at accelerating strategic projects.
These meetings complemented the participation in Peru Day as a platform to consolidate confidence and promote new investment.
Thus, the Ministry of Economy and Finance reaffirms its commitment to continue promoting a favorable investment environment, fostering sustainable growth and regional development, with a modern mining sector that contributes to the South American country's competitiveness and the population's well-being.