These are the top mining projects in Peru expected to come online in 2018

By analyst

These are the top mining projects in Peru expected to come online in 2018

By Cecilia Jamasmie

Mining investment in Peru, the world’s No. 2 copper and zinc producer, is expected to grow 9% this year when compared to 2016, marking the end of a three-year decline than began in 2014, a report from Scotiabank shows.

Originally, the bank had predicted investments in the sector to drop for a fourth straight year in 2017, but the country’s government has taken steps to simplify the current permitting process to attract $10 billion worth of new projects in 2018, or so it hopes.

The figure, Peru’s Mining Ministry (MEM) says, could be even higher as close to a dozen projects are expected to get the green light next year.

Here are some of the most important ones:

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Source:: Infomine

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