EXPLORATION & DEVELOPMENT

Peru exploration increases 33.9% in 2022

Exploration spend in Peru increased in 2022 despite the political turmoil which saw president Pedro Castillo removed from office towards the end of the year, and a succession of mining ministers during his administration.

Buenaventura's San Gabriel in Peru

Buenaventura's San Gabriel in Peru

The Mining and Energy Ministry said exploration spend increased 33.9% in the 11 months through November to US$383 million from $286 million in the prior year period. Notably, Peruvian miners were spending...

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