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Peru, one of the world's most attractive mining investment destinations

Las Bambas

Las Bambas

13:54 | Calgary (Canada), Feb. 26.

Peru has consolidated its position as one of the world's most attractive destinations for mining investment, after getting the highest score in this field since 2013, a Fraser Institute's survey revealed.

Titled Fraser Institute Annual Survey of Mining Companies 2017, the study determines which areas attract most investors from this sector.

Within such framework, the Inca country is the 19th most attractive destination for mining investment around the world.

It must be noted this is Peru's best position —since the 2013 edition— and constitutes a significant jump compared to the 28th spot reached in 2016.

Latin America

Thanks to this result, the Andean country also consolidates its position as Latin America's second-most-attractive jurisdiction for carrying out investments in the mining industry

Thus, it surpasses Mexico (4th), Colombia (10th), Brazil (11th), Ecuador (13th), the Dominican Republic (14th), Panama (17th), Nicaragua (19th), Venezuela (20th), and Bolivia (21st).

Strengths

The survey includes geological factors, but also variables related to political environment and regulation of mining activities.

In this sense, Peru ranked 14th in terms of mineral potential and 43rd in policy perception.

(END) MDV/MDV/JAA/MVB

Published: 2/26/2018
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