X-ray of mining projects for US $ 17.9bn in Cajamarca

#Peru has a portfolio of 46 projects greenfield and brownfield in different stages with a planned global investment of US $ 56,158 million.

#Mining projects are located in 17 regions, but most of the investment, US $ 17.9bn, is concentrated in the #Cajamarca region with 5 initiatives.

#Source: minem

BNamericas takes a look at the mining projects that are located in this northern region.

1- #Yanacocha #Sulfides

The US $ 2.1bn gold project is in the detailed engineering stage. #Its operator, #Minera #Yanacocha, plans to start construction for 2021 and its operations for 2024.

2- #Michiquillay

#Phoenix-based #Southern #Copper’s US $ 2.5bn copper project is in the pre-feasibility stage. #Its construction would start in 2025 and culminate in 2028.

3- #Conga #Mines

The US $ 4.8bn gold project, run by #Minera #Yanacocha, is in the feasibility stage. The date of the start of its construction has not yet been defined.

4- #Galen

The US $ 3.5bn copper project, owned by #Lumina #Copper, is in the pre-feasibility phase. The date for the start of construction has not yet been defined.

5- The #Farm

The US $ 5bn copper project, in the pre-feasibility stage, is being led by #London-based #Rio #Tinto. #Its construction date has not yet been defined.