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Employers who participated in the 29th Mining Convention (PERUMIN), which ended in Arequipa, expect them to develop a mining agenda with concrete policies and actions to prevent social conflicts and improve competitiveness of the sector in Peru. He added that these policies should be agreed upon by the public and private sectors, and include other aspects such as improving environmental practices in mining and the resolution of disputes and improve communication and the legitimacy and inclusive image of the sector.

He said that to increase competitiveness must encourage mining exploration work in mapping function properly defined opportunities. “PERUMIN has become the most important business forum in Peru and one of the most important of the mining industry in the world,” he said.

He reiterated that the event has served to confirm the portfolio of mining projects in Peru for about 30.000 billion and expected make short and medium term. He also expressed that the results of mining, social, are not short term and therefore must be properly perceived and capitalized by future generations.

To do this, he mentioned that the State should focus its efforts on improving levels of education, health, technology and infrastructure, without neglecting the support and backing of the armed forces and police in the role of ensuring internal order and secure the national defense .

“The development of the country is unquestionably by mining, millions of Peruvians expect concrete proposals from the miners, the government and public and private organizations, accountable and well formal looking to build an integrated country” he said. Also, Navarro-Grau said that the mining companies agree with the Environment Minister Antonio Brack, the need for all operations are eco-efficient.

“Furthermore, we agree that should inform the public to take full awareness of the serious environmental impact is informal mining,” he said. Finally, he reiterated the intention of collecting in the near future, proposals and approaches PERUMIN in a document to be submitted to the authorities and political forces. 1.069 PERUMIN had stands of 742 companies linked to the mining sector, and included 12 commercial and diplomatic delegations abroad. In the five events PERUMIN More than 50 exhibitors, of which 15 were international, who appeared to 7.500 attendees, which represented an increase of 40 percent over the previous edition.

The company, based in Las Vegas (Nevada), is dedicated to the exploration and development of precious metals and in central and northern Peru has properties that include exploration for base metals and gold advanced.

The president of Dana Resources, Len DeMelt said that currently evaluates three prospects mining and that due diligence (extensive and thorough audit) is already underway so that negotiations could conclude soon. He said that the company’s strategy is to acquire mines that are producing and investing in them to gradually increase its production capacity. He added that these assets initially require relatively small investments, avoiding unnecessary expenses and to generate a cash flow.

“Dana has implemented a plan to acquire precious metals assets to generate cash flows and take advantage of current high commodity prices,” he said.

The first prospect is evaluating Dana Resources is a mine of silver, lead and zinc in small scale, whose production could be increased with minimal investment, from 50 tonnes per day to more than 250 tonnes over a period of 12 months. Assuming a recovery rate of 80 percent and a processing fee of $ 250 per ton, the company would start seeing a profit under six million dollars per year in the initial 50 tons per day, he said DeMelt.

The second prospect is located in the Huancavelica region in an area where there is money for over 50 years. In this area Huachocolpa mine has about 25 million ounces of silver and Julicane mine produced 80 million ounces or so.

The third prospect is an exploration project with ongoing excavations indicate the existence of a moderate metal deposition. Preliminary calculations of Dana, the deposit would contain 30 million ounces of silver are not yet in production. Production could begin in the very short term and minimal capital expenditure.

Precious metals producer, will invest 50 million dollars in exploration activities in Peru and the Americas, said the chief executive of Hochschild Mining, Ignacio Bustamante.

“Of this amount, 20 billion was spent to extend the life of the mines currently operating, and the rest in the search for new projects,” he said.

He said the company has a portfolio of 50 exploration projects and a little more than half of these are located in Peru, mainly in the south. In addition, Hochschild is looking at the north, especially La Libertad and Cajamarca, given its high mineral potential, he said. The group already has some experience in this area, with its operation in the open pit mine Sipan, which is currently in the closing stage.

“I do not want to limit ourselves only to work in southern Peru, I think we should explore opportunities in all regions to find new deposits of gold and silver,” he said.

Bustamante said that if deposits located on the road interesting copper and are consistent with the location of other projects, the group will assess their development. Exploration projects in some stage of recognition are superficial, others in diamond drilling, and others are more advanced and is quantified as the resource.

“To date we have two projects in southern Peru that are already in advanced stage and we announce year end results, while others are slightly less developed but have an interesting geological potential, mainly silver,” said .

Regarding its Moris Project in Mexico, said that currently the reserves are being depleted so that only occur until mid-2011. He also noted that production costs have increased by ten percent this year over 2009, mainly by a rise in the value of labor, not only in Peru but also in Argentina and Mexico.

This increase is due to fees from contractors and key inputs such as fuel. The group operates three mines in Peru: Arequipa Ares and Arcata and Pallancata in Ayacucho, the San Jose mine in Argentina and Moris in Mexico. In addition, participates in the operations of Lake Shore Gold companies in Canada (38 percent) and Gold Resources Corporation (29 percent) in Mexico.

The Peruvian group Hochschild, extracting precious metals in several countries, provides ten percent increase in worldwide production of silver, said the director general of mining in Mexico, Juan Carlos Ganem.

In 2009 the company recorded a production of 28 million ounces of silver, he said.

“To achieve this aim Mexico plays an important role for our strategic plan focuses on strengthening the country as well as Peru, Argentina and Canada,” he said.

To date, the group operates three mines in Peru: Arequipa Ares and Arcata and Pallancata in Ayacucho. It also has the San Jose mine in Argentina and Moris in Mexico.

In addition, participates in the operations of Lake Shore Gold companies in Canada (38 percent) and Gold Resources Corporation (29 percent) in Mexico.

As for his operation in Mexico, Peru reported that the group has invested more than $ 160 million since 2007, and only in 2010 plans to invest 3.1 million in exploration.

“The company has 556.482 hectares in four countries with an interesting mineral potential and is in the process of being explored,” said Ganem.