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The mineral industry of Peru has played an important role in the nation's history and been integral to the country's economic growth for several decades. [1] The industry has also contributed to environmental degradation and environmental injustice; [2] and is a source of environmental conflicts that shape public debate on good governance and development.
Today, Peru has important mineral resources, which are found throughout its mountainous and coastal regions. The country is the world's second-largest producer of silver and copper. [2] From 2016 to 2017, mining output increased, helping Peru attain one of the highest GDP growth rates in Latin America. [3]
Peru, as one of the most resource-rich nations in the world, plays an important role. Peru is currently considered the world’s second-largest exporter of minerals such as copper, silver, zinc, and lithium; these minerals are essential to the technologies that drive change in industry to a cleaner and more sustainable future.
Pyrargyrite on carbonate mineral, Huarón mine. The Huarón Mining District is one of the richest polymetallic (Zn-Pb-Ag-Cu-(Au)) deposit clusters in Peru. It is located 20 km SSW of Cerro de Pasco, in the Huayllay District, Pasco Province, Pasco Department, between 4500 and 4700 m.a.s.l.
While some gold mines have been eradicated, Peru's gold mines are still a huge part of the country's culture and economy. At a mere three miles above sea level, working in this environment is ...
At the time of its development, the mine was Peru's largest investment project at $2.3 billion. Part of the country's dependence on mining, it was expected to raise exports by $900 million. [8] In 2010, the mine underwent an expansion program that increased its processing capacity by 31%. [3]
In northern Peru, the World Bank's business-lending arm is part owner of the Yanacocha gold mine, accused by impoverished farming communities of despoiling their land in pursuit of the precious ore. The bank and IFC have stepped up investments in projects deemed to have a high risk of serious and environment damage, including oil pipelines, mines and even coal-fired power plants, an ...
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