RE: PERU PERUMIN 30TH MINING CONVENTION
Mining projects in Peru exceed US$50.00 billion
A large gathering of public, participants, and leaders of the mining industry was organized by the Institute of Mining Engineers of Peru.
The announcement that Peru mining project portfolio has increased over US$50.00 billion was one of the highlights in Perumin 30th Mining Convention, organized by the Institute of Mining Engineers. Reflecting this dynamism, the event took place in the city of Arequipa with a record of registration and attendance in the five areas: Extemin Exhibition, Enterprise Meeting, Operator Meeting, Logistics Meeting, and the second Top Mining in Peru forum. The latter gathered the main mining executives with investments in the country.
There is no doubt that the most massive event was Extemin Mining Exhibition, with more than 67,000 m2 surface and 865 exhibitor companies from Peru and other 40 countries, which gathered more than 50,000 visitors. In its previous edition, visitors were approximately 33,000.
LATINOMINERIA participated in this important exhibition with its own stand.
Extemin President, Othmar Rabitsch, underlined the contribution this event represents for the Arequipa community by generating local businesses for approximately 40 million soles and around 11,000 temporary jobs.
MINING INVESTMENT
Perumin recent version, held a few weeks after Ollanta Humala inauguration, was the frame for the new authorities to ratify their commitment to mining as a basis of development for the country, a commitment supported by concrete facts, such as the agreement reached with the private sector to create a new tax framework for this activity.
“Peru welcomes mining investment and investment in general, and it is the country desire to continue to be a responsible, reliable, and stable country that offers safety and tranquility to investors,” stated the Minister of Energy and Mines, Carlos Herrera Descalzi, at the closing of the event.