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Peru is planning to move forward with 134 new mining projects that could bring in about $6 billion in investments. President Dina Boluarte shared this big update while speaking to Congress on Monday. These projects are still being reviewed, but the government hopes to approve them soon so companies can begin exploring and digging for valuable resources like copper, gold, and silver.
Mining is a very important part of Peru’s economy. It provides jobs and helps the country earn money from exports. That’s why the government is focusing on growing this sector even more.
President Boluarte also said that Peru’s small-scale legal miners could earn more than $5 billion in sales this year. These are miners who work on a smaller level but follow the country’s rules and safety standards. Helping them grow will also create more jobs and bring money into the country.
On top of that, President Boluarte announced that bigger mining projects worth about $4.7 billion are expected to begin construction by 2026. This means even more job opportunities and more income for Peru over the next few years.
In simple terms, Peru is betting big on mining to help its economy grow. By starting new projects and supporting small miners, the government hopes to bring in billions of dollars, create jobs, and improve the country’s future.