Peru seeks mining investment revival with pledge to end 'chaos, disorder'

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Ireland News News

By Marco Aquino LIMA (Reuters) - Peru is looking to put the

"chaos" of months-long protests earlier this year behind it to revitalize flagging mining investment in the world's no. 2 copper producingBy Marco Aquino

"We are not going to allow the country to fall into chaos, disorder and insecurity," Otarola told hundreds of gathered mining business leaders, adding the government was also working to streamline environmental permitting regulations. "There is concern because there is not much clarity regarding where the new government is going," said Raúl Jacob, vice president of finance at Grupo Mexico's Southern Copper, Peru's third largest copper producer.

At the mining conference, Minister of Energy and Mines Oscar Vera argued that the government had"unlocked" nine projects this year, although all are expansions or medium-sized ventures.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines