The regions of Moquegua, Ica and Junin attracted 51% of mining investment in Peru, thus totaling US$4.699 billion between January and October this year, the National Society of Mining, Oil, and Energy (SNMPE) has reported.
Moreover, mining investment reached US$170.2 million in October alone, posting a growth of 374.7% compared to US$35.8 million recorded in the same month a year earlier.
According to the guild, Ica
—where Mina Justa project
is located— was the second largest recipient of mining investment in Peru between January and October of 2019, having received US$887.3 million, which represents a 38.7% rise over the same period in 2018 (US$639.7 million).
In October, said investment reached US$88.7 million, up 21.8% compared to US$72.8 million recorded in the same month the year before.
The region of Junin —where Toromocho expansion project
is located— was the third largest recipient during the first ten months, with US$463.6 million, a 44.2% increase over the same period in 2018 (US$321.5 million).
In October, mining investment in Junin amounted to US$74.7 million, an expansion of 13% compared to US$66.1 million recorded in the same month last year.