Although Peru is not subject to international treaties binding it to reduce carbon emissions, in May 2008 the government announced that the country would source up to 5% of its energy from non-conventional renewables, including wind, solar, biomass projects and small-scale hydroelectric projects of under 20 MW. Given that the country’s mega...
Exploration is the lifeblood of the mining industry. Junior mining companies, staffed by geologists and finance professionals, search for new deposits to bring them to a stage of development that make them targets for acquisition by major commodities producers. To do so they need to attract investors willing to bet on their projects and...
By any measure, Peru is a giant of the global mining industry. Only Chile and China produce more copper and the country is the world’s seventh-largest producer of gold and the third largest of silver. Add to that important deposits of zinc, tin, lead and iron ore, as well as non-metallic resources such as phosphates and uranium, and it is...
At a time when miners around the world are pulling back capital expenditures, which is in turn limiting production growth, investment is pouring into Peru and fuelling what may become a copper boom. Several large-scale copper projects – often called megaproyectos in Peru – are due to begin production between 2015 and 2017. These projects have the...
The growth of the mining sector, driven by a sharp rise in commodity prices, spurred Peru’s economy to the fastest sustained growth rate in Latin America during much of the past decade. The sector drew in billions of dollars in investment and drove the emergence of a new middle class with levels of disposable income that had never been achieved in Peru.
Since starting production of large quantities of natural gas at the Camisea field in 2004, Peru has primarily burned its gas production in thermoelectric plants or, since 2010, exported it in liquefied form. Both the government and Peruvian industry are now turning their attention toward developing higher-value end uses of natural gas. The most significant is the...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×