Guillermo Shinno HuamanĂ Viceminister of Mines Ministry of Energy and Mining March 2014
Map of Mining Units 2016 - 2030
Operation Extension Exploration
Mining Projects (1950 – 2030)
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Investments grow every year
2013: Investment grew 14% since 2012
SOURCE: MINEM
MINING OUTPUT 2012 - 2013
Production
Units
2012
2013
Change (%)
TMF
1’298,761
1’375,641
6%
Gold
Gr. Finos
161’544,666
151’486,072
-6%
Zinc
TMF
1’281,282
1’351,273
6%
Silver
Kg. Finos
3’480,857
3’674,283
6%
Lead
TMF
249,236
266,472
7%
Iron
TLF
6’684,539
6’680,659
0%
Tin
TMF
26,105
23,668
-9%
Molybdenum
TMF
16,790
18,140
8%
Copper
The output of the main metals, including copper, silver, zinc, lead and iron, increased between 6% and 8% SOURCE: MINEM
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Exports FOB value in million US$ Exports: AND
61 % MINING 12 % ENERGY
INCREASING COPPER OUTPUT
ANTAPACCAY ANTAMINA (AMPL.) TOROMOCHO CONSTANCIA LAS BAMBAS CERRO VERDE (AMPL.) TOQUEPALA (AMPL.) TÍA MARÍA TOTAL 2012 1.3 millions FMT
Investment Millions US$ 1,500 1,300 4,800 1,500 5,200 4,400 900 1,000 21,920
Production TMF / Cu 160,000 175,000 300,000 80,000 315,000 272,000 100,000 100,000 1,527,000
Operation Dec-12 Dec-12 Dec-13 Aug-14 Mar-15 Aug-15 Jul-15 Mar-16
2016 2.8 millions FMT 5
DEVELOPMENT ROUNDTABLES
Cotabambas.
Civil Society
Jangas / Huarmey. Ca単aris.
Company
Corani. Hualgayoc. Chumbivilcas.
Authority
FRIENDLY INVESTMENT ENVIRONMENT
Peru offers a favorable legal framework for foreign investment ‌
Non discriminatory treatment: Foreign investors receive the same treatment as local investors. Free transfer of capital. Free competition. Guarantee for Private Property. Freedom to purchase stocks from locals. Freedom to access internal and external credit. Freedom to pay royalties. Network of investments agreements and member of ICSID and MIGA. 7
Recognized mining potential
PROVEN AND PROBABLE MINERAL RESERVES
8
Recognized electricity potential
Cost of electricity to 2020 (US$ / KWh)
9
Mining Activity: There is mining activity in only 1.2% of the Peruvian territory 14.8% is under concession 10
STREAMLINED PERMITTING
S.D. 054-2013-PCM • Changes to auxiliary components, expansion of investment proyects and technology improvements in operation without significant environmental impacts will not require to alter the environmental assessment. • Authorities will issue their no-objection within 15 business days.
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STREAMLINED PERMITTING
S.D. 054-2013-PCM
• Archaeological non-objection certificates will be approved within 20 business days. Archaeological Monitoring Plans will be approved in 10 business days, benefitting from positive administrative silence (Art. 3º). • Temporary and definitive easements on a unclativated State-owned lands will be provided within 15 days (Art. 6º).
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Faster environmental assessments
300 250 200
230 días
150
2013
195 días 100 50
42 días
0 DIA
EIAsd
2012
EIA
Private sector viewpoint
El Comercio: 27/10/13
Development poles
“Include to grow” President Ollanta Humala Tasso Closing ceremony. PERUMIN – AREQUIPA September 20, 2013
Energy and mines industry
The Energy and Mines industry contributes to the development of mineral and energy resources and promotes sustainable development Urban and agricultural growth flora and fauna protection. Infrastructure and development projects. Natural resources: minerals, gas, oil, electric, energy and fresh water. Cultural heritage, traditions and customs development in coastal, high Andes, Amazon and high Amazon areas. Fisheries and oil resources on the continental shelve. 17
NORTH MACRO-REGION TERRITORY DEVELOPMENT COLOMBIA
NORTHERN IIRSA
COPPER-GOLD PROJECTS FOR US$ 20 billion
COPPER REFINERY PROJECT
ECUADOR MANSERICHE Hydro 7550 MW RENTEMA Hydro 1525 MW
CUMBA 4 Hydro 825 MW ALTO MAYO PROJECT 768 000 Ha
BRAZIL BAYOVAR PORT
CHADIN 2 Hydro 600 MW
BAYOVAR PROJECT • PHOSPHATES • DIATOMITES • BRINE • LIME
BALSAS Hydro 915 MW
Copper Projects Silver Projects Gold Projects Iron Projects Hydropower Station
PACIFIC OCEAN CAJAMARCA -PIURA TRAIN
Estimated Annual Production Project Copper 1.018.000 tmf Gold 867.000 Oz Phosphates 5.800.000 tm
CAJAMARCA - CHACHAPOYASTARAPOTO TRAIN
Railroad Project Railroad study
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CENTRAL MACRO-REGION TERRITORY DEVELOPMENT
PERU- BRAZIL TRANSCONTINENTAL RAILROAD
BRAZIL
TOROMOCHO PROJECT (CHINALCO)
CENTRAL IIRSA
LA OROYA
CALLAO PORT
COBRIZA MINE
LIQUEFACTION PLANT
LA OROYA METALLURGICAL COMPLEX
Estimated Annual Production Project Copper 530.000 tmf Gold 160.000 Oz Silver 7.500.000 Oz Lead 16.000 tmf Zinc 641.500 tmf Copper Projects Silver Projects Gold Projects Iron Projects 19
SOUTH MACRO-REGION TERRITORY DEVELOPMENT
BRAZIL GAS PIPELINE
CAMISEA FRACTIONING PLANT
INTER-OCEANIC HIGHWAY
BOLIVIA Estimated Annual Production Project Copper 1.826.000 tmf Gold 524.000 Oz Silver 11.339.000 Oz Iron 3.500.000 tm* * Iron concentrate expansion project Marcona Actual production: 6.500.000 tm
MARCONA PORT
PACIFIC OCEAN Copper Projects Silver Projects
MATARANI PORT
ENERGY NODE 2000 MW
Gold Projects
CHILE
Iron Projects Gas pipeline Camisea Gas pipeline 20
SUSTAINABLE MINING IN PERU
Peruvian Mining contributes to the sustainable development of all regions in Peru
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Guillermo Shinno HuamanĂ Viceminister of Mines Ministry of Energy and Mining March 2014