• The most important expansion, replenishment, and reprocessing projects will be presented.
• Distinguished executives from Antamina, Hochschild, and Boroo, among others, will participate.

PERUMIN 36, the leading mining convention in Latin America and the world, has announced that one of the segments of the Mining Summit, the main platform for discussing the national mining situation, will be entitled “Brownfield Investment Portfolio” and will delve into the progress and prospects of this type of projects.

According to the Organizing Committee, this segment will highlight the most important investments in the portfolio of existing mining operations in Peru, including processing capacity expansion projects, high-grade reserves replenishment projects, and tailings reuse projects with economically viable minerals.

“In our country, there are currently 18 brownfield projects, with a combined investment of US$ 12.75 billion to be executed. Their progress should materialize in the coming years, depending on obtaining the corresponding permits and authorizations within a reasonable period of time," said Miguel Cardozo, President of PERUMIN 36.

In this context, the goal is to give more visibility to the brownfield mining projects on the public agenda because their development will drive short- and medium-term national economic growth, immediate direct employment creation, the hiring of local suppliers, and increase the income of more Peruvian families.  

It should be noted that the portfolio of mining projects includes major brownfield initiatives with significant capital expenditures such as Yanacocha Sulfides (US$ 2.5 billion), Antamina Replenishment (US$2 billion), Inmaculada Replenishment (US$ 1.319 billion), La Arena II (US$ 1.364 billion) and Ilo Expansion (US$ 1.3 billion), which are at different stages of progress.

“The main purpose of the Brownfield Investment Portfolio segment is to share the state of progress of these mining projects, the new milestones for their commissioning, and the impact they will have on the country’s macroeconomic health and the future of Peruvians,” said Víctor Gobitz, President of the Mining Summit.

This segment will be attended by Isidro Oyola, Vice President of Operations at Minera Antamina; Eduardo Landin, CEO of Hochschid Mining; and Dulguun Erdenebaatar, CEO of Boroo Mining Company, among other senior executives, who will share information about their brownfield investment plans in Peru.

It is worth mentioning that the official program of the Mining Summit is already published on the web page of the PERUMIN 36 Mining Convention, an event that will be held this coming September 25 to 29 at the Cerro Juli Convention Center, in the city of Arequipa, under the slogan “Investment that generates welfare and sustainable development.” 

For more information, visit: https://perumin.com/perumin36/public/es