The Ministry of Energy and Mines (MINEM) reported that the accumulated mining investment in the first two months of the year was US$ 646 million, which meant an increase of 22.4% compared to the same period in 2023 (US$ 528 million), according to the latest edition of the Mining Statistical Bulletin (BEM).
In February 2024 alone, mining investments reached US$362 million, reflecting a significant increase of 41.8% compared to what was registered in February of last year (US$255 million).
It should be noted that the investment executed in the 6 investment areas reported positive interannual variations such as Beneficiation Plant (+19.2%), Mining Equipment (+22.5%), Exploration (+23.5%), Infrastructure (+45.1%), Development and Preparation (+40.0%) and Others (+198.1%).
In the Beneficiary Plant category, the accumulated investment in the first two months of 2024 totaled US$ 144 million, showing an improvement of 5.8% in reference to the similar period of the previous year (US$ 136 million).
Regarding investment in Mining Equipment, the accumulated investment as of the first two months of 2024 amounted to US$ 113 million, evidencing a positive variation of 19.3% compared to the same period of the previous year (US$ 94 million).
Regarding the investment executed in the Exploration category, the accumulated investment as of the second month of the year amounted to US$ 62 million, which meant a positive variation of 22.3% compared to the same period in 2023.
At the department level, as of the first two months of 2024, Moquegua retained first place with an amount greater than US$ 131 million, representing 20.3% of participation, driven by the investment executed by Anglo American Quellaveco SA
In second place, Junín (US$ 85 million) was positioned with 13.1% contribution, where Minera Chinalco Perú SA stands out. In third place, Arequipa (US$ 59 million) holding 9.1%, largely Sociedad Minera Cerro Verde SAA
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– 2024-04-22 10:40:48