Back

Andean Group - October 2020

Mining sector at the heart of economic revival efforts

Peru’s ministry of energy & mines (Minem) offered further details in September on four high-profile mining projects, worth a total of US$8.4bn, that are due to provide a boost to the country’s economy in the coming years. Deputy minister for mining Jaime Gáldez voiced optimism that the sector can be a driving force behind the recovery of Peru’s economy, explaining that these projects will help to create employment; to provide a boost to other, related sectors (such as the manufacturers of machinery used in mining); and to allow the country to take advantage of relatively high metal prices.

End of preview - This article contains approximately 1169 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.