• Canada is also the third-largest investor in the Peruvian mining sector.

Canada is the country with the largest investment in mining exploration in Peru and the third-largest investor in our mining project portfolio, as indicated by the Ambassador of Canada to Peru, Louis Marcotte, during the opening ceremony of PERUMIN 36.

He emphasized that in Peru there are currently nine mining operations and fifty Canadian companies listed on the Toronto Stock Exchange. "Canadian companies continue to invest in Peru. Bear Creek in Corani, Teck in Zafranal, First Quantum in La Granja represent billions of dollars in planned investment," he noted.

Furthermore, he added that there are about seventy mining suppliers active in the Peruvian market and ready to share their experiences with local entrepreneurs. "Their expertise covers the entire mining cycle, providing a wide range of products and services.”

In this regard, the Ambassador of Canada, Louis Marcotte, invited PERUMIN attendees to visit the International Pavilion, where Canada's stand is located. There, they can find thirty mining suppliers supporting Mining 4.0, in addition to twenty Canadian companies.

“They will showcase digital mine, energy efficiency, and water management solutions, as well as environmental and engineering services. Additionally, we will provide information on responsible mining, community engagement, and relationship building," the Ambassador explained.

On another note, Marcotte pointed out that one of the reasons to invest in Peru is its mining and geological history, which offers safe investments, much like Canada, one of the global leaders.

“The mining sector in Canada is a part of our economy that provides jobs and wealth in all regions of the country; we are also a mining country. We are committed to developing safe, sustainable, and productive mines, both in Canada and in Peru, a strategic hub," he concluded.

PERUMIN 36 is a world-class mining event organized by the Peruvian Institute of Mining Engineers and will take place from September 25 to 29 in Arequipa.