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Andean Group - June 2019

Economic Highlights

PERU | Mining investment up. On 6 June Peru’s energy & mining ministry (MEM) released figures which show mining investments for the first four months of 2019 reached US$1.6bn, up 31.2% year-on-year. The report highlights the impact of investment from Anglo American Quellaveco SA, the local subsidiary of the United Kingdom-headquartered multinational Anglo American (Quellaveco Mine) and local company Marcobre SAC (Mina Justa), which remain in first and second position respectively with regard to investment in the country, representing together 30.9% of the total.

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