Peru will mine more copper in 2023, lithium permits pending
Peru expects to produce 2.8 million tonnes of copper this year, a senior official said on Monday, representing an almost 15% jump from 2022, in a bright spot for the…
Peru copper mines rev back up to full power after protest hit, data show
Key copper mines in Peru are cranking up activity again after protests and blockades dented production, power data analyzed by Reuters showed, potentially boosting supply from the world's no. 2…
Economy-Finance Minister Alex Contreras on Tuesday said that "Peru is back again," as there is international and local interest in the South American country. The Cabinet member pointed out that…
South America’s new logistics hub is being built in Lima
Investments in mega-projects are currently driving Peru's economy and developing the Andean country's infrastructure on land, air and water. The new capacities and connections open up business opportunities: North of…
Peru: Gold, copper projects lead this year’s mining exploration portfolio
The Ministry of Energy and Mines (Minem) on Tuesday reported that, according to the 2022 Portfolio of Mining Exploration Projects, there are 23 gold projects nationwide —thus ranking first in…
Peru’s president reshuffles cabinet in shift towards centre
Pedro Castillo makes seven changes and ousts Marxist prime minister after taking office at the end of July Peru’s leftwing president Pedro Castillo announced a significant cabinet reshuffle on Wednesday,…
Peru’s Fin Min: Economy to grow 10% in 2021, highest rate since 1994
The Ministry of Economy and Finance (MEF) on Friday presented the 2021-2024 Update Report on Macroeconomic Projections, which maintains the main forecasts for economic indicators, due to the fact that…
Moody’s improves outlook for Peruvian banking system
Moody's Investors Service on Wednesday announced that it has changed its outlook on the Peru and Brazil banking systems to stable from negative. This change comes in light of an…
Peru’s strong economic rebound will support recovery of hard-hit sectors during 2021
Corporate credit quality will recover gradually in Peru in 2021 as pent-up demand revives activity following the short but big economic hit from the coronavirus pandemic in mid-2020. In a…