The northern region leads the country in mining exploration investment, standing out with two initiatives totaling over $120 million.

During the Rumbo a PERUMIN event held in the city of Cusco, Diana Alcalde, advisor to the Deputy Minister of Mines, highlighted that despite the spread of illegal mining in various regions of the country, La Libertad has established itself as the region with the highest investment in mining exploration.

In her presentation, Alcalde revealed that Peru currently has 75 mining exploration investment projects spread across 17 departments, totaling $644 million. “La Libertad is the department attracting the most investment, with a total of $120 million allocated to two main projects,” she pointed out.

Investment Projects

According to the recently released 2024 Mining Investment Project Portfolio presented by the Ministry of Energy and Mines during the event, the region boasts a total investment of $1.348 billion, ranking it among the top departments with the highest cumulative investment in mining projects.

At the national level, 51 mining investment projects have been identified across 18 departments for a total of $54.556 billion. With 13 active projects, La Libertad remains a key player in this scenario. Its investments, which exceed $1 billion, underscore the region's commitment to the growth and sustainability of the sector.

It is worth noting that while La Libertad ranks among the country's leading regions for mining investment, Cajamarca leads the project portfolio with $12.017 billion across seven projects. Other notable regions include Apurímac, with $5.944 billion in eight projects, and Arequipa, with $5.004 billion in four projects.