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…
n Español Following a coronavirus-related fall in crudeprices, oil-producing nations have sought to calm global markets by announcing a significant production cut, with Mexico standing to benefit from a special dispensation in output after striking a deal with the US. As of April 15, Mexico, the world’s 10th-most populouscountry, had recorded 5847cases and 449deaths…
The petrochemicals and logistics sectors have been some of the most exposed industries in Latin America and across the world during the past 13 months. Both critical to the region’s economies, they faced substantial headwinds in the early months of the pandemic, such as closed borders and strict measures on industrial operations. For petrochemicals and chemical firms, the immediate impact has been…
In this Global Platform video, Víctor Gobitz, CEO of Peruvian mining company Antamina, discusses how the industry is leveraging new technologies while prioritising the development of highland communities. These focuses converge to advance the ESG standards of the mining sector.
“Mining Peru” brings together 300+ key mining enterprises, regulatory authorities, government, technology and equipment suppliers, as well as investors across Latin America, the US, Canada and Europe. Whether you are a government entity, who wants to foster public-private ventures, or a mining company looking for updated information on government rules and regulations, a provider who wants to…
In English Aprovechando el impulso del sector de energías renovables del Perú, una empresa energética local ha emitido el primer Bono Verde internacional no garantizado del país. El Consorcio Transmantaro, filial del Grupo ISA en Perú, emitió un bono de US$ 400 millones en abril, convirtiéndose en la primera empresa de transmisión de energía en América Latina en emitir un instrumento…
While Canada-based Plateau Energy Metals’ Macusani uranium project near Puno is undergoing preliminary economic assessments, its lithium reserves, which were discovered unexpectedly in November 2017, are giving rise to interest in an area that could see Peru become a major player in the global lithium boom. Plateau Energy Metals began as a uranium exploration company and has grown its resources…
Peru boasts significant mining potential thanks to an abundance of geological resources and a competitive ecosystem that facilitates business. Furthermore, the sector is a key contributor to the broader economy. According to BBVA Research, in 2017 the mining industry accounted for 60% of total exports, 11% of private investment, 10% of GDP, 5% of tax revenues and 5% of the workforce, which…
As of May 2019 Peru maintained 14,900 MW of renewable energy generation capacity, based on a mix of contributions from hydroelectric, wind, biomass and solar facilities. Hydroelectric and wind provided 43% and 40%, respectively; biomass sourced a further 11.6%; and solar produced the remaining 5%. The country earned a reputation as a renewables pioneer in the region with the completion in 2012…
With a vast wealth and diversity of metals and minerals, Peru is in a privileged position when it comes to natural resources. According to the US Geological Survey’s “Mineral Commodities Summaries 2019” report, in 2018 Peru had more silver deposits than any other country in the world except for Poland, as well as the world’s third-largest copper and zinc reserves, and the fifth-largest…
