Peru Eyes $4.8B in Mining Investment Amid Security Clampdowns

On June 3, 2025, Peru’s Energy and Mines Minister reported a modest rise in copper production, projecting output of 2.8 million metric tons for the year—up from 2.7 million tons in 2024. With over US $4.8 billion in mining investment anticipated, the country is reinforcing its position as the world’s third-largest copper producer. Early signs of this success include a nearly 4% increase in first-quarter production (660,000 tons) and more than US $1 billion already allocated toward mine expansions and equipment upgrades tied to significant development projects in Apurímac and Arequipa