Mining investment in Peru will reach nearly US$6.3 billion by the end of 2026, reflecting investors' confidence in the South American country,
The government official made this announcement on Wednesday while inaugurating the World Mining Congress 2026, one of the globe's leading mining events, currently taking place in Lima.
This event brings together government officials, investors, industry associations, academic institutions, and key players from the global mining sector.
"The results achieved allow us to project that mining investment will approach US$6.3 billion by the end of 2026, reflecting investors' confidence in Peru's geological potential, macroeconomic stability, and the opportunities the country offers," Ayasta emphasized.
The Cabinet member noted that the indicators recorded by Peru's mining sector demonstrate investors' confidence in the country, as well as the continued development of major investment and exploration projects across various regions.
He noted that amid growing global demand for copper and other critical minerals, Peru is poised to play an increasingly important role in building a cleaner, more resilient, and sustainable energy future.
The Executive Branch representative noted that this potential is also underpinned by the dynamism of the country's mining investment.
The minister said that, in order to facilitate and unblock more mining investment, his administration is fostering the State's technical and institutional modernization through process simplification, digital transformation, and the Digital Single Window (VUD).
These efforts are aimed at streamlining administrative procedures across the mining sector.
The government official emphasized that the future of mining requires progress based on three fundamental pillars: innovation and technology, sustainability, and trust.
He stressed that the World Mining Congress 2026 provides an extraordinary opportunity to exchange experiences, share knowledge, foster partnerships, and build consensus on the future of global mining.
"Trust among governments, companies, communities, and citizens is the indispensable foundation for building sustainable projects," Ayasta noted.
"We must work together to strengthen resilient supply chains, promote responsible investment, and ensure that the benefits of the energy transition reach all regions of the world," he added.
The minister expressed confidence that the World Mining Congress 2026 will generate innovative proposals aimed at advancing a modern mining industry.
He also said this vision includes actively contributing to environmental protection, the efficient use of water and energy resources, lower emissions, and stronger governance standards.