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…
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…
Interview:Nick Holland How can stakeholders collaborate to ensure the sustainability of operations in mature mines? NICK HOLLAND: Globally, we believe that the industry has been undercapitalised for an extended period, particularly over the past two decades. It has underspent on exploration, as well as cut spending on sustaining and growing capital. For a long time the mining sector has been…
Interview:Mark Cutifani What are the short- and medium-term expectations of metal demand in global markets? MARK CUTIFANI: On the back of positive consumer sentiment and reasonably supported demand growth, the outlook for metal products is positive for 2019. In 2018 refined copper consumption grew by around 3%, with strength in the construction, transportation and engineering sectors underpinning…
Interview:Jorge Olazábal How could the gasification gap between the central and southern regions be narrowed? JORGE OLAZÁBAL: It is essential for us to make the best use of the resources we possess, which is why the Southern Peru Gas Pipeline project – as well as other large infrastructure projects – is so important: it will ensure the optimal use of Peru’s natural gas reserves. Our…