TAG: Peru
The mining sector is emerging from what has been arguably its most challenging period in the 21st century. The commodity supercycle boom at the start of the century generated high expectations for the mining sector as emerging markets grew rapidly, led by the BRICs. With the price of most base metals peaking in 2012, the subsequent downturn cast shadows over the sector worldwide and disproportionally affected commodity-producing countries, many of them in South America.