Peru is the fifth preferred destination for mining exploration investment in the world,
13th International Gold & Silver Symposium Organizing Committee Chair Manuel Fumagalli said Tuesday.
"We see a renewed optimism and interest in investing in precious metals, with an increased
mining investment budget, which places Peru fifth among the largest investment
destinations worldwide," he affirmed.
According to Fumagalli, Peru ranks behind Chile, Canada, Australia, and the United States but will continue its upward trend this year.
"This trend will continue in 2018 —thus increasing exploration budgets in the country— backed by an essential mining investment promotion policy that the Government adopted to attract 8% of the world's exploration investment," the Symposium
Organizing Committee's head affirmed.
"We see improvements in mineral prices, an increased demand for precious metals from the industry sector, as well as growth and higher efficiency of mining operations due to the massive use of new technology," he added.
About the Symposium
The 13th International Gold & Silver Symposium (Conferences & Exhibition) will take place in Lima on May 29 - 31, 2018.
This event is organized by the National Society of Mining, Oil, and Energy of Peru and its main objective is to promote awareness in the potential of natural resources, particularly
gold and silver resources, as well as promote new investment and business opportunities in the region.
Also, the event will be a superb occasion to gather information about new projects, particularly in the region, markets and price outlook, as well as an overall vision of their influence on the world's economy.
(END) CNA/JJN/RMB/MVB
Published: 5/29/2018