TSX:SUE.WT - Post by User
Post by
hopskipjumpon Feb 27, 2007 6:59pm
217 Views
Post# 12324172
Peru, highest mining potential in the world
Peru, highest mining potential in the world"Peru has highest mining potential in the world"
https://www.livinginperu.com/news/3282
(LIP-jl) -- The benefits from Peru's past investment friendly governments, have begun to shed light on the Andean nation's possibilities in the mining industry.
Geographically speaking, Peru is tied with Russia for having the most mining potential in the world. After all, the Andes Mountain Range, which unites Peru with the world's largest copper producer, Chile, provides Peru with much of the same potential Chile was able to capitalize on years ago.
This year, Peru expects its copper production to improve by 10%, due largely in part to Minera Cerro Verde's annual production expansion to 300,000 tons.
Peruvian President Alan Garcia was elected largely due to his campaign promise to replicate, and perhaps surpass, Chile's economic model, which was largely influenced by its vast mining industry.
...
good tradin'
-oldtimer