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April 13, 2022
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Minera Antamina will invest US$ 1,600 million to expand its operations

Minem commits to enforce commitments in Aquia after suspension of strike against mining company

The Antamina mining company will invest US$ 1,600 million in the country, in order to expand its operations, after the approval of the environmental impact study.

After a meeting, the president of the Council of Ministers, Aníbal Torres, announced that the mining company, whose shareholders are BHP Billiton (33.75%), Glencore (33.75%), Teck (22.5%) and Mitsubishi (10%), works for float a million-dollar investment and expand its production capacity.

The Government supports responsible private investment for the benefit of the country”, the head of the Presidency of the Council of Ministers wrote on his Twitter account.

In said session were present Víctor Gobitz, general manager of Antamina; and Claudia Cooper, Vice President of Sustainability and External Affairs of said mining company, which operates in the Ancash region.

Antamina is one of the 10 largest mines in the world in production capacity and produces copper, zinc, silver, lead and molybdenum. It is located in the district of San Marcos, province of Huari, 200 km. from the city of Huaraz and at an average altitude of 4,300 meters above sea level.

Anglo American Peru

Likewise, Aníbal Torres met with the Vice President of Corporate Affairs of Anglo American Peru, Diego Ortega, with whom he discussed the Quellaveco mining project (Moquegua), which will start operations in July this year, contributing to the development of the region.

Both meetings were held at the headquarters of the Presidency of the Council of Ministers (PCM).

It should be noted that mining investments totaled more than US$5,238 million during 2021, which meant an increase of 21.1% compared to what was registered in 2020 (US$4,325 million), according to the Ministry of Energy and Mines (Minem). .

Said portfolio highlighted that mining continued to be one of the pillars of the country’s macroeconomic stability last year.

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