• Implementing the Michiquillay and Tantahuatay projects would mean an annual production of 1,200,000 tons of copper.

Implementing the Michiquillay project, operated by SouthernPeru, and the Tantahuatay project, a partnership with Buenaventura, would result in a 50% increase in our national copper production. This was stated by Raúl Jacob, CFO of SouthernPeru, during his presentation at the virtual event Rumbo a PERUMIN “Northern Macroregion: Tumbes, Cajamarca, Piura, La Libertad y Lambayeque – Competitiveness and Sustainability, A Task for All of Us.”

“A total of 1´200,000 tons of fine copper would be produced annually if these projects were implemented. It is worth noting that, in the regions where there is mining activity, resources will be generated. Nonetheless, it will be up to the actors that converge therein to properly manage those resources,” indicated Jacob.

An investment of $2.5 billion in Michiquillay, $194 million in Tantahuatay, and a synergy among the State, different guilds, and civil society would give Cajamarca an important economic boost for keeping fostering development among the Peruvian population.

On the other hand, Jacob underscored that, in the regions where there are mining operations, statistical indexes concerning education are among the highest in the country.

“The cases of Moquegua and Tacna are particularly relevant. These regions are ranked first and second in areas like mathematical logic (mathematical reasoning), algebra, and geometry, among others, thanks to the quality education students receive in the mining camps. This is, without a doubt, a great contribution to the country and enables us to keep improving education nationwide,” concluded Jacob.

Rumbo a PERUMIN

Rumbo a PERUMIN is an initiative of the Peruvian Institute of Mining Engineers (IIMP) and the Executive Committee of PERUMIN 36. It involves an agenda of virtual activities that seek to create spaces for analysis, knowledge and debate on mining.