Moquegua led 2021 mining investment at the end of first four months

SNMPE statement

This statement was published using machine translation.

Moquegua was ranked as the region that attracted the most mining investment in the first four months of the year 2021 by registering 366 million dollars as a product of the construction works of the Quellaveco project carried out by the Anglo American - Mitsubishi consortium, reported the National Mining Society, Oil and Energy (SNMPE).

Mining investments in Moquegua showed a reduction of 15.2% between January - April (US $ 366 million) compared to the same period in 2020 when US $ 431.8 million were reported. Only last April, this region registered an investment of US $ 103.8 million.

For its part, Ica ranked as the second region in the country with a mining investment of US $ 149.8 million from January to April, a figure that represented a 15.8% contraction compared to the same period of 2020 (US $ 178 million). In this region, where the last phase of the Justa mine project is being built by Marcobre SAC, an investment of US $ 39 million was reached in April 2021, an amount that represented a growth of 66.5% in relation to the same month of last year (US $ 23.4 million).

In the third location, is Ancash with investments for US $ 135.2 million that are directed to mining operations in the region, especially in Antamina, an amount that implied a growth of 42.1% in relation to January - April 2020 (US $ 95.1 million ). Last April, this region captured US $ 42.8 million in mining investment, which represented an increase of 169.6% compared to the same month last year (US $ 15.8 million).

Meanwhile, at the close of the first four months of 2021, Junín ranked fourth with an investment of US $ 108.9 million; while Apurímac reached the fifth location with 76.3 million dollars, indicated the SNMPE.

The energy mining union announced that in the period January - April mining investments in Peru reached the sum of 1,298 million dollars, a figure that meant a contraction of 1.2% compared to the first four months of 2020 when US $ was reported. 1,313.7 million.