Peru’s metal mining GDP to grow by 14% this year; world fastest to recover

Currently there are 13 mining projects expected over the next four years, with combined investments of US$11.7 billion. Seven of those projects are slated to start construction this year.

RIO DE JANEIRO, BRAZIL - Peru’s mining industry is on track to be one of the fastest in the world to recover from the coronavirus pandemic, according to its Ministry of Energy and Mines.

Preliminary figures from the World Bank estimate that the Peruvian economy will grow by 7.6% in 2021.

A good chunk of that recovery is fueled by Peru’s mining output: the central Reserve Bank of Peru has projected that its metal mining GDP will grow by 14% this year.

Currently there are 13 mining projects expected over the next four years, with combined investments of . . .

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