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Saturday, November 25, 2017 - 8:31:40 PM
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Mining News Agency -Mining investment in Peru, the world`s No. 2 copper and zinc producer, is expected to grow 9% this year when compared to 2016, marking the end of a three-year decline than began in 2014, a report from Scotiabank shows.
Mining News -These are the top mining projects in Peru expected to come online in 2018Originally, the bank had predicted investments in the sector to drop for a fourth straight year in 2017, but the country’s government has taken steps to simplify the current permitting process to attract $10 billion worth of new projects in 2018, or so it hopes.
The figure, Peru’s Mining Ministry (MEM) says, could be even higher as close to a dozen projects are expected to get the green light next year.
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