Andina

Peru: Moquegua region leads mining investment ranking in Jan 2019

13:40 | Lima, Mar. 6.

Peru's southern Moquegua region received US$58.7 million in mining investments last January thanks to Quellaveco mining project construction works. Thus, it ranks first among national regions, privately-run National Society of Mining, Oil, and Energy (SNMPE) informed Wednesday.

It should be noted Quellaveco mining project is operated by Anglo American-Mitsubishi consortium. 

According to SNMPEIca region holds the second place (US$52.4 million). In addition, the Mina Justa construction stage has been started by Marcobre.

Likewise, Cusco region takes the third position (US$32.7 million), while Junin region holds the fourth place (US$30.8 million).

Furthermore, the guild indicated mining investments in Peru —in January this year— totaled US$335 million, a 48% rise compared to the same month in 2018

Copper, gold, and zinc 

On the other hand, SNMPE pointed out Arequipa region led copper production registering 44,000 fine metric tons (FMT), followed by Apurimac region (41,000 FMT) and Ancash region (32,000 FMT).

Meanwhile, La Libertad region was the major producer of gold (2.5 tons), whereas Ancash region leads the zinc production chart (30,000 FMT).

(END) JJN/DTK/MVB

Published: 3/6/2019
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