HomeEconomyMining investment will fall...

Mining investment will fall 16.7% this year, why?

Despite what BCR has indicated, Minem has estimated that Peru expects to receive over $6.920 million in mining investment between 2023 and 2024. | Fountain: Andean

adUnits.push({
code: ‘Rpp_economia_economia_Nota_Interna1’,
mediaTypes: {
banner: {
sizes: (navigator.userAgent.match(/iPhone|android|iPod/i)) ? [[300, 250], [320, 460], [320, 480], [320, 50], [300, 100], [320, 100]] : [[300, 250], [320, 460], [320, 480], [320, 50], [300, 100], [320, 100], [635, 90]]
}
},
bids: [{
bidder: ‘appnexus’,
params: {
placementId: ‘14149971’
}
},{
bidder: ‘rubicon’,
params: {
accountId: ‘19264’,
siteId: ‘314342’,
zoneId: ‘1604128’
}
},{
bidder: ‘amx’,
params: {
tagId: ‘MTUybWVkaWEuY29t’
}
},{
bidder: ‘oftmedia’,
params: {
placementId: navigator.userAgent.match(/iPhone|android|iPod/i) ? ‘22617692’: ‘22617693’
}
}]
});

This year 2023 investment in the mining industry it will fall again after registering a 0.5% decline last year, forecasts from the Central Reserve Bank (BCR) indicate.

Mining investment is expected to fall by 16.7% this year, while overall private investment will have a 0.5% retracement.

And mining investment is even predicted to remain negative next year, with an 8.6% drop, but why?

BCR President, Julio Velardenoted that no major mining project will be built in Peru this year.

“This year, a significant reduction will be due to investment in the mining industry, there are no new important mining projects under construction; there is Zafranal copper, hopefully it will be possible to make the one that Newmont has in the north, which was announced a long time ago, but not but there is a specific announcement,” Velarde said a few days ago.

The head of BCR pointed out that while there is a large chain of new mining projects in Chile, “in Peru we are left with mining projects small in number and size compared to the investments we had before.

According to the BCR report, investments in the mining industry totaled about $5,364 million last year, mainly from Anglo American Quellaveco, Antamina and Yanacocha.

Similarly, for the forecast for the period 2023-2024. the completion of the construction of facilities is being considered. kualaveco this year.

The start of the construction phase of the San Gabriel in 2023 is also considered, while the start of the construction phase of the Antamina replacement project is considered for 2024.

Source: RPP

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Russia will help you go to the depression of swamp bombing – Reuters

The country of the aggressor will not be able to quickly replace the strategic aircraft that were lost as a result of a wide security service for websites. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle...

Possible GTA 6 leakage reveals news in the gameplay

Some items and details about news from the new Grand Theft Auto VI game were possibly leaked on social networks; look!It will be? A new Reddit publication has created more speculation about what players can expect from 'Grand Theft Auto VI'. The game, officially postponed in early...

In Latka, the skeleton of the bend and posts (photographs) was struck

As a result of the Russian attack, the number of death in Latsk increased. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Rescuers owed the body of a 27-year-old dead...

The Russian Federation was elected in Magatta in the void, the busy Zaes will begin

The country aggressor announced the desire to restart the occupied Zaporizhjhya NPP. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The invaders have already contacted the IAEA so that the...

James Gunn confirms post-credit scene in ‘Superman’

With the next launch, the new creative director of the DC universe, James Gunn, confirms that 'Superman' will have scenes you creditsThe premiere of the new Steel Man movie is getting closer and closer and with it news is being released by the producers. 'Superman' will be...