Mining investment in Peru amounts to $ 4,699 million as of October this year


LIMA (Sputnik) – Mining investment in Peru in October this year amounted to 4,699 million dollars, said the Ministry of Energy and Mines of that country.

"The mining investment executed between January and October of this year totaled 4,699 million dollars, representing a growth of 24.8% compared to the same period of 2018 (3,764 million dollars)," the portfolio said in a statement.

Likewise, it was reported that in October alone the mining investment was 623 million dollars, 35.5% more than the same month of 2018, in which it added a total of 460 million dollars.
In Peru, the companies that contributed the largest amounts were AngloAmerican Quellaveco, which operates the Quellaveco deposit in Moquegua (south), and in October added an investment of 937 million dollars.
This is followed by Marcobre, who operates the Mina Justa deposit in Ica (south), with 629 million dollars; and in third place is the Minera Chinalco Peru, which works at the Toromocho mine in Junin (center), with 322 million dollars.

These three companies concentrate 40.3% of the total national investment and are dedicated to the extraction of copper.

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