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Peru to present mining project portfolio worth over US$58 bn in Canada

Explotación minera. Foto: ANDINA/ archivo.

Explotación minera. Foto: ANDINA/ archivo.

00:00 | Lima, Feb. 27.

Peru will present a mining investment portfolio —projected for the next 10 years and worth over US$58 billion— at the Prospectors and Developers Association of Canada (PDAC 2018 Convention), Private Investment Promotion Agency (ProInversion) has reported.

Said portfolio includes the implementation of projects in regions such as Cusco, Cajamarca, Moquegua, Tacna, Ica, Lima, Arequipa, Junin, Piura, Ancash, Huancavelica, and Lambayeque.

Likewise, it comprises the Areas of Non-Admission of Claims, which will be promoted as Colca and Jalaoca mining projects, both located in Apurimac region.

According to ProInversion Executive-Director Alberto Ñecco, the Government will call an international public tender for these two projects on March 2. 

Delegation

The Peruvian delegation will be led by First Vice-President and Ambassador to Canada Martin Vizcarra.

The event will also see the presence of Ministers Claudia Cooper (Economy-Finance), and Angela Grossheim (Energy-Mines), as well as representatives of the Central Reserve Bank, ProInversion, Exports and Tourism Promotion Board (PromPeru), and Canada-Peru Chamber of Commerce.

At said convention, Peru will address key topics such as the country's social and environmental licenses, as well as Peruvian mining sector's competitiveness.

Important announcements on measures —to boost mineral exploration activities in the Inca country— will also be made.

Expectations

PDAC is one of the most important conventions in the mining exploration sector on a global scale, whose relevance lies in being the main international platform to promote discussion, exhibition, and analysis of mining projects from different parts around the globe.

The meeting is expected to bring together more than 3,700 investors, 270 media outlets, and more than 24,000 visitors from 130 nations.

It must be noted Peru will sponsor this international convention for the fifth consecutive year, thus positioning itself as the most suitable country in the region for foreign investments.

The PDAC 2018 Convention will take place in Toronto on March 4-7.

(END) MMG/JAA/MVB

Published: 2/27/2018
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