26-04-2012 10:34 Peru
Mining investments in Peru up 60.6% in Jan-Feb, 2012
Lima (ANDINA). Peru’s Ministry of Energy and Mines (MEM) reported Wednesday that mining investments in the country rose 60.6 percent between January and February, 2012 compared to the same period a year earlier.
Mining investments amounted to US$ 1.04 billion in the Jan-Feb period, 2012, while in 2011 they totaled US$ 653 million
According to a MEM’s bulletin, mining employment also showed a positive performance.
In February, the number of employees in this sector amounted to 190,331 people, a 19.9 percent increase compared to the Jan-Feb period in 2011 (158,749 workers).
Furthermore, investments in this sector are made in a decentralized way due to the location of mineral deposits, which enables to boost the development of almost all Peruvian regions, according to MEM.
Cajamarca continues in the first place after attracting in said period US$ 203 million investments (19.33 percent of the total).
This region is followed by La Libertad with US$ 145 million (13.84 percent); Apurimac with US$ 141 million (13.47 percent); Ancash with US$ 110 million (10.44 percent) and Junin with US$ 103 million (9.80 percent).