Andina

Peru sees mining investment recovery in May 2017

19:00 | Lima, Jul. 18.

Peru's mining investment experienced recovery last May, thus accumulating three months of positive results, the Energy and Mines Ministry (MEM) informed on Tuesday.

Rebound was led by increases in the following areas: exploration (+22.2%), exploitation (+20%) and infrastructure development (+8%), among others. 

It must be noted mining investment expanded in Peruvian regions in the period comprised between January and April 2017

Said regions were: Arequipa, Lambayeque, Pasco, Junin, Loreto, La Libertad, Huancavelica and Ayacucho.

According to MEM's latest statistical report, Arequipa leads the ranking by having received investments worth US$181.035 million (+49%) during the analyzed period.    

Next in the ranking were Lambayeque (44.3%), Pasco (20.6%), Junin (6.7%), Loreto (6.6%), La Libertad (5.2%), Huancavelica (4.3%) and Ayacucho (1.5%). 

Together, the eight regions received US$514.36 million in investments, up by 18% over the same term in 2016.

Taking into account all the country's regions, mining investments totaled US$1.179 billion in the January-April 2017 period. 

(END) RGP/JJN/JHM/MVB

Published: 7/18/2017
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