Peru's mining investment amounted to US$2.833 billion as at August 2017, thus registering a 3.8% rise from the same period last year, Energy and Mines Ministry (MEM) informed.
According to MEM-General Mining Bureau's (DGM) latest report, almost all sub-sectors showed gains between January and August.
These segments include mining equipment (+31.7%), exploration
(+31.1%), infrastructure (+30.4%), preparation (+23.1%), processing plant equipment (+12%) and exploitation investment (+6.7%).
"Together they totaled US$2.440 billion, thus accounting for 86% of total executed investments," DGM head Alfredo Rodriguez said.
Mining infrastructure investment reached US$773 million in the analyzed period and made up 27% of total investments.
Southern Peru Copper Corporation (US$282 million), Antamina Mining Company (US$77 million) and Shougang Hierro Peru (US$66 million) stood out in this sense.
On the other hand, investment in preparation activities amounted to US$292 million.
Buenaventura leads the way at US$95 million, followed by Ares (US$32 million) and Volcan (US$31 million).
Finally, exploration investments totaled US$290 million during the Jan-Aug period.
Within this sphere, Buenaventura (US$41 million) Poderosa (US$29 million) and Marcobre (US$24 million) registered the highest investments.