Archive for the ‘Mining program’ Category
Peru seeks to become the state of mineral exploration investment
Today we are already the third country in terms of receipt of mining investments, we have moved from sixth to third, and the Annual Convention of the Prospectors and Developers Association of Canada (PDAC) 2010 is an excellent opportunity to tell the world what is Peru, “he said.
Perez is part of the Peruvian delegation to participate at the PDAC 2010 to be held from 7 to 10 March in the city of Toronto (Canada) who chairs the Energy and Mines Minister Pedro Sanchez, and is composed of representatives of public and private sectors of the mining sector.
He said that the Peruvian delegation also held a small exhibition of gastronomy and tourism in Peru among the 28,000 attendees are expected to have for the PDAC 2010.
“It’s a great opportunity to say everything that has advanced Peru, reforms that have occurred, the level is now Peru, on protection of investments, investment attraction, a legal framework attractive to convince investors “he told CPN Radio from Toronto.
He recalled that mining investors today are much more “exquisite” about where they choose to invest and Peru is doing it as a destination for such investments.
“We will make a presentation primarily on why Peru is an excellent opportunity to invest, from the infrastructure we need, the legal and regulatory framework that we have with respect to investments”, he said.
For his part, President of the Organizing Committee of the Peruvian presence in the PDAC 2010, Michael Cardozo, said he will seek to take advantage of a great opportunity to promote not only the potential of the mining sector but also of other investment opportunities in Peru.
“Mineral exploration in the whole world has been growing in recent years and reached its peak in 2008, where he invested in the world the sum of 14.400 million, at that time we were in sixth place in the ranking world, “he said.
Minera Antamina mine will fund results for the fiscal year
The vice president of corporate affairs of the company, Pablo de la Flor, said at March 26 last, the Antamina Mining Fund (AMF) of $ 133.4 million executed under the solidarity mining program.
“This amount represents 81.4 percent of the total fund and was destined to social projects aimed at improving the quality of life for residents of Ancash, especially those with fewer resources,” he said.
He explained that to date the largest amount invested up to $ 54 million (40 percent of the total) was allocated to the implementation of social infrastructure such as water, sanitation, electricity, telephone, rural roads, irrigation, and projects institutional strengthening.
“Similarly, 32.1 million was invested in various programs to improve health conditions, especially in children under three years and pregnant women, and 40 million investment in education initiatives and productive development,” he said.
De la Flor said that by 2010, the FMA will continue to promote health projects, and develop an adult literacy campaign.
“In the area of ??productive development will consolidate the initiatives currently working and will continue with the Project Reduction and Poverty Alleviation (PRA), aiming to generate additional sales of $ 3.1 million and 1.174 new permanent jobs “he said.
He recalled that the FMA is invested resources in the region Ancash, Huanuco Llata ??district, located in the province of Huamalíes.
The FMA manages two funds, a local character (including the poorest districts and close to the operations of Antamina) and a regional that includes the other provinces and districts.