Mining Exploration Projects will reach more than US$ 1.04bn in 2025

This press release was published in English using an automatic translation system

The evolution of the Mining Exploration Project Portfolio of the Ministry of Energy and Mines (MINEM) reports a positive evolution for this year, since it is estimated that the figure of investments projected for 2025 in this area will exceed US$ 1,039 million, announced Minister Jorge Montero Cornejo.

During his participation in the PDAC 2025 Global Mining Summit, held in Toronto (Canada), he pointed out that the preliminary figures for the 2025 Mining Exploration Project Portfolio contemplate the execution of 84 investment initiatives, 9 more than those indicated in the previous year.

Likewise, the estimated investment figure of US$ 1,039 million in exploration investments for 2025 is approximately 75% more than what was reported in 2024, where a total of 75 projects were registered with investments amounting to US$ 644 million, which confirms that the mining sector in Peru is in clear growth.

By 2025, the MINEM estimates that it will process Environmental Management Instruments (IGA) for 41 mining exploration projects, which would generate US$804 million in investments, in addition to processing the preliminary consultation for 14 exploration projects; and exploration authorization requests for 29 projects.

As an example of the importance that Peru has in the mining sector on a global scale, Minister Montero headed the opening ceremony of the Intersessional Meeting of Mining Ministers of the Conference of Mining Ministers of the Americas (CAMMA) 2025, an event led by Peru and held within the framework of PDAC 2025.

He also participated in the 10th International Summit of Mining Ministers, speaking at the conference "Discovering the minerals of tomorrow: accelerating discovery and production", where he highlighted the importance of promoting geological studies and accelerating the formalization of small-scale mining.

The minister, within the framework of PDAC 2025, met with Benjamin Gallezot, delegate for Strategic Mineral Supplies of France, and Antoine Babonneau, advisor on critical metals and energy transition of that European country, to study bilateral cooperation in the area of strategic metals.

Additionally, together with the head of the MEF, José Salardi, he met with executives of mining companies listed on the Toronto Stock Exchange & TSX Venture Exchange, within the framework of the symposium "A capital opportunity", where he highlighted the interest of these companies to continue investing and developing business in our country.

"The Government is making significant efforts to simplify the procedures and to better manage the social component... the growth of the mining industry in Peru is a joint effort between the public and private sectors, and the Government is responsible for improving regulations to attract investments and close gaps," he concluded.