Peru's mining investment boom leaves political woes behind
Peru’s ability to post eight consecutive months of investment growth is calming fears that political woes would derail mining activity in the world’s second-largest producer of copper, zinc and silver.
Mining investment in Peru jumped 6.3% August compared with last year, to $395-million, according to the latest report by the- Energy and Mines Ministry. Investment in development and preparation, the first stages in building a mine, reached $63-million, the highest in more than four years.