Q1 Record For Mining Investment In Peru

Peru's mining investment hit a decade-high for a first quarter in 2026, totaling USD 1.5 billion (+43.7% YoY). Growth was primarily fueled by brownfield expansions and sustaining capex at major copper and iron ore sites.

Key Takeaways

• 1.Peru's mining investment reached USD 1.5 billion in Q1 2026, the highest first-quarter level since 2015, representing a 43.7% YoY increase.
• 2.The investment surge is primarily driven by brownfield projects (expansions, replacements) and sustaining capex rather than new greenfield projects.
• 3.Mining production showed mixed performance with copper growing 3.3% YoY, while gold declined 3.4% due to lower grades and illegal mining activities.

Table of Contents

• Latam Daily: Q1 Record for Mining Investment in Peru

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