Peru's mining sector will see continued development on account of its significant untapped reserves and open investment framework. The Peruvian government estimates current mining investment pipelines through 2020 to total nearly USD57bn, although continued protests by local communities are likely to cause project delays and increase costs. Peru will still remain a significant global producer of several base and precious metals, and we expect continued diversification as miners explore and develop new deposits. Copper projects accounting for the largest proportion of new mine projects and expansions. The sector is dominated by global copper mining majors including Southern Copper (a division of Grupo México), Freeport McMoRan and Glencore Xstrata, which are boosting output by both expanding existing operations and undertaking new investment projects.
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President Ollanta Humala will continue pursuing moderate policies, seeking to attract foreign investment while increasing social spending and implementing more accommodative policies towards Peruvian citizens and interest groups opposed to mining development. The tax code remains competitive, particularly in light of Mexican mining royalties imposed at the start of 2014. Peru and Mexico produce many of the same metals, which may give Peru a relative advantage in the coming years, as indicated by miners such as Grupo México and Goldcorp. Moreover, the government in July 2014 reduced environmental regulations surrounding mining projects in an effort to spur investment into the sector at a time of weakening mining exports.
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The Peru Mining Report has been researched at source and features Business Monitor International (BMI)'s mining and commodity forecasts for metals, minerals and gems, covering all major indicators including reserves, production, exports and values. The report also analyses trends and prospects, national and multinational companies and changes in the regulatory environment.
BMI's Peru Mining Report provides industry strategists, service companies, company analysts and consultants, government departments, trade associations and regulatory bodies with BMI's independent forecasts and competitive intelligence on the mining industry in Peru.
Key Benefits
* Use BMI's independent industry forecasts on Peru to test other views - a key input for successful budgeting and planning in this mining market.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
You may also be interested in these related reports:
- Angola Mining Report Q1 2015
- MENA Mining Report Q1 2015
- India Mining Report Q1 2015
- Botswana Mining Report Q1 2015
- Mozambique Mining Report Q1 2015
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The Peru Mining Report has been researched at source and features Business Monitor International (BMI)'s mining and commodity forecasts for metals, minerals and gems, covering all major indicators including reserves, production, exports and values. The report also analyses trends and prospects, national and multinational companies and changes in the regulatory environment.
BMI's Peru Mining Report provides industry strategists, service companies, company analysts and consultants, government departments, trade associations and regulatory bodies with BMI's independent forecasts and competitive intelligence on the mining industry in Peru.
Key Benefits
* Use BMI's independent industry forecasts on Peru to test other views - a key input for successful budgeting and planning in this mining market.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
You may also be interested in these related reports:
- Angola Mining Report Q1 2015
- MENA Mining Report Q1 2015
- India Mining Report Q1 2015
- Botswana Mining Report Q1 2015
- Mozambique Mining Report Q1 2015