We maintain our view that Peru’s mining sector will grow steadily over our forecast period, driven primarily by investment in copper and gold mining projects. We forecast Peru’s mining sector will grow an average of 4.2% a year through to 2017, reaching a value of US$23.0bn. Various projects remain in early development and construction phases, and the sector presents promising growth opportunities for miners of a wide array of minerals. Investment from mining companies through to 2020 is estimated at US$53bn, although continued protests by local communities may reduce this figure as project delays mount and costs continue to rise. …
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