Peru: 2nd Ranked Mining Jurisdiction in South America
Peru Is A Worldwide Leader In Mining
- Stated goal of government of Peru (2019) to be in top 10 countries globally for mining attractiveness by 2021
- In 2019 Peru ranked 12th globally for best practices mineral potential – best in South America, by Fraser Institute
- Peru is a global leader in mineral production:
- 2nd globally for copper production
- 2nd globally for silver production
- 6th globally for gold production
- Mining typically accounts for close to 14% of GDP and 60% of total exports. Government recognizes its importance
- Fiscal regime favourable / government streamlining mining regulation to encourage growth in exploration / developmen
- Despite exceptional geology, Peru remains under-explored
- Improving infrastructure and government commitment to mining (2020 and beyond) present unique opportunities
