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Mining investment totaled US$1.193 billion in 1Q 2019

Mining investment in Peru totaled US$1.193 billion in the first quarter of 2019, thus increasing 37.1%, the Energy and Mines Ministry (MEM) has informed.

According to the government institution, mining investment amounted to US$870.5 million between January and March 2018.  

For its part, privately-run National Society of Mining, Oil, and Energy (SNMPE) indicated Ica region received US$236.1 million in the first quarter of 2019, thanks to the construction of Mina Justa (Marcobre). Thus, it ranked first among national regions.

Furthermore, it reported this region registered an investment worth US$90.8 million in March this year, a 64.4% increase compared to the same month in 2018 (US$55.2 million).

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