en.Wedoany.com Reported - Peru's Minister of Energy and Mines, Waldir Ayasta Mechán, emphasized during the opening ceremony of the Sixteenth National Mining Congress (CONAMIN) that mining is a strategic sector driving investment, creating opportunities, and enhancing national well-being. He stated that the government is committed to consolidating an investment environment based on dialogue, sustainability, and shared value.
This mining event, held in the city of Trujillo, will run until June 19. Ayasta noted that the government's goal is to attract new investments, advancing mining projects and operations within an orderly, modern, and competitive framework that benefits communities and the nation. He reported that during the second bimonthly period (March-April) of 2026, mining investments in Peru exceeded $2.051 billion; as of March 2026, mining exports surpassed $21 billion, an increase of 56.2%. During the same period, copper production exceeded 918,000 metric tons of refined copper, consolidating Peru's position as a leading global copper producer.
In the first four months of 2026, the mining sector directly created over 278,000 jobs, with tax revenues exceeding 15 billion soles. Transfers from mining royalties, mining rights, and mine maintenance fees and fines surpassed 4.121 billion soles. Additionally, the 2026 mining investment project portfolio includes 66 projects distributed across 19 provinces nationwide, with a total investment exceeding $64 billion, representing a 1.7% increase compared to the October 2025 update.
Minister Ayasta emphasized that this portfolio reflects private capital's confidence in Peru's stability and competitiveness as a mining investment destination, as well as its geological potential. The portfolio encompasses projects in copper, gold, iron, zinc, silver, phosphates, and tin, reflecting a diversified investment structure that consolidates Peru's position as a polymetallic country, enabling it to meet international market demand and contribute to the supply of critical minerals needed for global economic and technological development.
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