The Ministry of Economy and Finance (MEF) highlighted that these initiatives are part of a portfolio of 21 projects slated for implementation through 2029, with a total investment of nearly US$20 billion.

 The Ministry of Economy and Finance (MEF) estimates that 14 major mining projects will be launched between 2026 and 2029, representing a combined investment of over US$ 14.61 billion. This was announced by the Vice Minister of Economy, Denisse Miralles, who presented an overview of mining investments during the event “Rumbo a PERUMIN: Mining for the Development of Moquegua,” organized by the Peruvian Institute of Mining Engineers (IIMP).

This figure is part of the MEF’s portfolio of 21 identified projects, which together will mobilize US$19.921 billion in capital over the 2024–2029 period. Of these, seven are already under development between 2024 and 2025, representing US$5.311 billion in investment, while the remaining 14 are slated to begin execution next year.

Among the projects scheduled for 2026–2029 are Tía María, Corani, Zafranal, Ilo Expansion, Los Calatos, Mina Justa, Raura Repositioning, and Romina, among others.

During her presentation, Miralles noted that these investments are projected within a context of macroeconomic strength. “Peru remains one of the most stable countries in the region, with low inflation and strong international reserves. Our country risk is among the lowest in the region, and benchmark interest rates are well below the regional average, which allows for very favorable credit conditions,” she stated.

Regarding the 84 exploration projects in the current portfolio, she explained that 57%—or 48 initiatives—are copper projects, located mainly in the regions of Arequipa, Ancash, and Apurímac, with a combined investment of US$612 million. Another 13 projects focus on gold, representing an investment of US$181 million.

Digital Single Window Now in Second Phase

Diana Alcalde, advisor to the Vice Ministry of Energy and Mines, added that the Ministry of Energy and Mines (MINEM) is working to improve the Digital Single Window (VUD) to streamline administrative processes and strengthen investor confidence.

“We’ve already completed the first stage, the Informative Digital Window, which is now available on the MINEM website. We’re now entering the second stage, which aims to integrate processes across agencies so that investors won’t have to submit the same documentation multiple times,” Alcalde explained.