Minister Rómulo Mucho began his participation in the PDAC 2024 mining convention in Canada

The Minister of Energy and Mines, Rómulo Mucho Mamani, along with other senior Government officials, began their participation in the annual mining exploration convention PDAC 2024, which takes place in Toronto (Canada) until March 6, where the enormous geological potential and the competitive advantages that make our country one of the best destinations for investment in mining.

“We are very happy to be part of this important mining event that allows us to showcase the geological benefits and mining potential of our country,” he said.

Mucho Mamani said he felt optimistic after meeting with world-class investors and representatives of various junior companies, who requested an audience to show the progress of their explorations and international mining organizations.

On the first day of activities, he met with Guy Goulet and Steven Zadka, CEO and Executive Chairman respectively of Cerro de Pasco Resources INC, who showed their interest in the reuse of mine tailings in the Pasco region. The Canadian company is committed to investing in Peru, which will mark a milestone in the treatment of mining tailings in our country.

He also spoke with officials from the Ministry of Economy, Trade and Industry (METI) of the Government of Japan, who affirmed the interest of Japanese companies in investing in the exploitation of critical metals through modern engineering with added value. A private public meeting was announced next May to inform and encourage greater Japanese investment.

Likewise, he held meetings with executives from Xcalibur Smart Mapping, a Spanish giant in geophysics and aerial mapping for exploration, where he explained the benefits of having an aeromagnetic map, a useful tool for entering areas restricted by environmental issues. At another time he spoke with Álvaro Barrenechea, Communications Manager of Minera Chinalco, who suggested updating the tailings legal framework for better use.