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Andina

Peru to seek mining investment at Australia summit that benefits regions

Summary

Peru's Energy and Mines Minister Guillermo Shinno said Peru will send its largest delegation yet to the IMARC 2026 mining conference in Sydney, Australia, from October 25 to 29, to promote investment that benefits the economy and regions. Under the slogan Peru is Key, officials and business leaders will present the country's geological potential through a program called Peru Time. Australia's ambassador to Peru, James Yeomans, said Australia and Peru are complementary partners in mining and strategic supply chains. The Australia Peru Chamber of Commerce said this will be the fifth and largest Peruvian delegation to the event since 2022.

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El Peruano

Peru's PM and business leaders discuss measures to unlock investment

Peru's Prime Minister Luis Galarreta met with Confiep president Jorge Zapata Rios and business representatives to promote measures to boost private investment and speed up infrastructure projects, El Peruano reported. The meeting addressed proposals to simplify administrative procedures, unlock stalled investments and promote the tax-for-works mechanism to help close infrastructure gaps. Participants also discussed actions to prevent the effects of the El Niño phenomenon, according to the outlet. Galarreta said the state needs to facilitate investment and work with the private sector to generate jobs.

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Andina

Peru's state mining remediation firm marks 20 years, cites benefits for 750,000 people

In an interview with El Peruano, Activos Mineros (AMSAC) general manager Dante Aguilar said the state company has spent 20 years closing mining environmental liabilities across Peru. He reported over 600 liabilities closed, more than 1,200 million soles executed, about 700 hectares recovered, and over 750,000 people directly benefited, with up to nine million counted when watershed effects are included. Aguilar also highlighted the recent award of the Quiulacocha tailings reuse project in Cerro de Pasco to Cerro de Pasco Resources, estimated to generate over 1,000 million soles in combined savings and benefits, plus ongoing projects in Huarochiri, Huancavelica and Ancash.

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Andina

Senamhi warns El Niño entering extraordinary phase, extreme rains expected

Grinia Avalos, head of Peru's National Meteorology and Hydrology Service (Senamhi), said El Nino is entering an extraordinary phase that could bring intense, persistent rains from December through February, with sea temperature anomalies above 4 degrees, comparable to the 1982-1983 and 1997-1998 events. She said normal rainy season totals of 20-30 millimeters could reach 250-300 millimeters in northern Peru, raising flood risks in Tumbes, Piura and the central coast, including Lima's Chosica and Chaclacayo areas. Senamhi will add weather radar stations in Piura and Ica to improve early warning, Avalos said, urging authorities and residents in vulnerable areas to prepare.

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