Informal Mining Boom Poses Major Risk for Peru’s Copper Investors

Post Views: 429 Peru’s copper sector Informal Mining Challenge Hampers Peru’s Copper Expansion Peru’s copper sector faces a critical threat from rising informal mining, warns SNMPE President Julia Torreblanca. Despite Peru aiming to reach a record 3.4 million metric tons of copper by 2030, illegal operations are encroaching on mining concessions. This trend jeopardizes security and investment, impacting major players like Southern Copper Corp. and First Quantum Minerals Ltd. The growth of informal mining risks undermining Peru’s position as a leading copper producer.   How Informal ...