Peru is one of the world’s top producers of gold and silver. It enjoys clear and robust mining regulations, relatively low production costs, and experienced local suppliers, while being highly receptive to foreign investment. Several majors are active in-country.
Overview
Key strategic goals include:
- Early cash flow from formalised artisanal mining on Tesoro Gold Concession (Bonanza, Morrocota mines)
- Developing own gold ore processing plant, replacing tolling
- Secure and clean known tailings deposits containing gold and silver
- Acquire other gold mines with short runway to production