Here you can see Peru`s development, statistics and information on Silver and/or Gold or any base metals - Export & Imports Trading Mining products and a simple way to get direct information of all type of Peru`s mining sector on mineral products, Oil, natural gas, exports of services, exhibitions, events, data, information from the Peru`s Mining of Foreign Trade Ministry.
domingo, 27 de enero de 2013
PERU`S INVESTMENT OPPORTUNITY - MINING COUNTRY
Peru: A mining country full of opportunities
Its geological wealth, availability of cadastral and geological quality, choice of first-tier suppliers and the legal framework for private investment promoter force in the country, to make Peru one of the most attractive destinations for mining investment in the world.
Peru: Mining Country
Peru is a country of old mining tradition, tradition maintained and grown thanks to the presence of leading international companies. We have an enormous geological potential, the presence of the Andes along the territory, is our main source of mineral resources.
Globally, Peru and Latin America is among the leading producers of various metals (gold, silver, copper, lead, zinc, iron, tin, molybdenum, tellurium, among others), which reflects not only the abundance of resources and production capacity of Peruvian mining, but the stability of economic policies in our country.
Minerals produced in Peru are in high demand in today's global market, whose development is based on production and industry. United States, China, Switzerland, Japan, Canada and the European Union are the lead plaintiffs.
Peru`s Economic and Reliable Fortress Investment Climate
Peru is one of the fastest growing economies in Latin America (7.6% in 2006, 9% in 2007, 9.84% in 2008, 1% in 2009, 8.8% in 2010 and 6.8% in 2011), which is complemented with macroeconomic soundness: low inflation, fiscal and trade surpluses and strong international reserves.
Peru`s International Recognition
In July 2008, ratings agency Standard and Poor's gave the "Investment Grade" to Peru. Previously, this reclassification was Fitch rating in April of that year and by the Canadian Agency DBRS Dominion Bond Rating Service in late 2007.
Peru has signed several bilateral agreements, including free trade agreements (FTA) with the United States, Canada, China, Singapore, South Korea and Mexico, and is currently negotiating FTAs with Japan, Thailand and the European Union.
Peru also is a member of the Asia Pacific Economic Cooperation (APEC) and the Community of Andean Nations (CAN). Peru offers better economic opportunities for investors in these markets.
Peru`s Investment Opportunities
The opportunities offered by our country have made us one of the countries in the region which have the largest mining investment, with outstanding results and the presence of leading global mining. In 2011, Peru surpassed the record of investments in the mining sector to exceed U.S. $ 7,000 million, especially in the areas of exploration and mining infrastructure.
The investments planned for the coming years both in exploration, development and mining expansions exceed U.S. $ 53,000 million. The estimated portfolio of mining projects highlights these major investments in Cuzco, Cajamarca, Moquegua, Tacna, Ica, Lima, Arequipa, Junin, Piura, Ancash, Huancavelica and Lambayeque.
Peru`s Effective Investor Protection
Peru has signed 32 international investment agreements underpinning its policy of liberalization, with Pacific countries, Europe and Latin America. With a view to consolidate a stable investment climate and predictable, Peru has improved its standards in the negotiation of international investment agreements. Similarly, Peru has signed an agreement to facilitate operations OPIC, covering U.S. investments held in Peru.
Peru is also a member of MIGA and a signatory to the Convention Establishing the ICSID (International Centre for Settlement of Investment Disputes) and the New York Convention of the Recognition and Enforcement of Foreign Arbitral Awards.
Peru`s Highlights of the Mining Industry
Peru is the largest silver producer in the world, second largest producer of copper. It is also the largest producer of gold, zinc, tin, lead and molybdenum in Latin America. The Andes is the backbone of Peru and the main source of mineral deposits in the world.
Peru has an important geological potential. It is the third country in the world in reserves of gold, silver, copper and zinc (U.S. Geological Survey - USGS figures).
The number and area of mineral exploration projects increases each year, which is why the Lima Stock Exchange (BVL) has created a segment of Risk Capital or Project Portfolio where about 12 listed and 39 junior mining companies of the great Peruvian mining.
In addition, inputs and services that the mining industry needs to have widespread availability in the local market, making Peru a privileged place for mining in South America.
Peru`s Potential Non-Metallic Resources
Peru also has great potential in non-metallic minerals also known as industrial minerals, such as travertine marble, silica gel (first producer in South America), bentonite and borates. In fact, Peru is among the few countries in the world where you can find these mineral deposits.
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Cesar Moran - Moderator of this Blog
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sábado, 26 de enero de 2013
INVESTOR KEEN IN PERU`S MINING AND INFRASTRUCTURE SECTORS THIS YEAR
Lima, Jan. 26 (ANDINA). Peruvian Minister of Economy and Finance Luis Miguel Castilla said Saturday that investors attending the World Economic Forum annual meeting in Davos, Switzerland, have shown great interest in the mining and infrastructure sectors of Peru.
Minister Castilla said the Peruvian delegation's participation in the five-day event was a great success, after holding meetings with several business leaders.
"The main interest lies in the mining and infrastructure sectors, and within this framework we have presented draft Public Private Partnerships (PPPs) projects and the many reforms the country has put in place," he said.
Castilla added that "the Peruvian delegation also participated in an important meeting with finance ministers and presidents of various central banks from around the world, in which they discussed the international situation in countries like Peru."
"We see a light at the end of the tunnel, but there is still a complex situation especially in Europe," he noted.
Castilla said that, in this context, he also held a meeting with former British Prime Minister Tony Blair, who will support the country on two key issues.
"The first is to enhance the quality of the workforce with improved technical education and the second is related to the services sector under the PPPs, because the UK has had a very important role on this matter," Minister Castilla said.(PERU`S MINISTER OF DEVELOPMENT ECONOMY & FINANCE)
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"The main interest lies in the mining and infrastructure sectors, and within this framework we have presented draft Public Private Partnerships (PPPs) projects and the many reforms the country has put in place," he said.
Castilla added that "the Peruvian delegation also participated in an important meeting with finance ministers and presidents of various central banks from around the world, in which they discussed the international situation in countries like Peru."
"We see a light at the end of the tunnel, but there is still a complex situation especially in Europe," he noted.
Castilla said that, in this context, he also held a meeting with former British Prime Minister Tony Blair, who will support the country on two key issues.
"The first is to enhance the quality of the workforce with improved technical education and the second is related to the services sector under the PPPs, because the UK has had a very important role on this matter," Minister Castilla said.(PERU`S MINISTER OF DEVELOPMENT ECONOMY & FINANCE)
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CESAR MORAN - Moderator of this Blog
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lunes, 21 de enero de 2013
PERUVIAN CURRENCY S/. NUEVO SOLES IS BECOMING STRONGER WHEN EXCHANGING TO U.S. DOLLAR
Historically in Peru currency crises have been because there were no dollars. Now thanks to the good economic management of the past 20 years and the relatively favorable international circumstances, our problem is an excess of dollars. That means that the exchange rate of the dollar declines, which makes imports cheaper and reduces the cost of living, but also discourages exporters and companies competing with imports mainly industrial companies.
Now we are reaching a point of crisis, and we may be already in crisis. Explained. Since the outbreak of the financial crisis in 2008-2009, starting in the United States, the major central banks, mainly the Federal Reserve and the Bank of England and European Central Bank have made huge efforts to avoid recession printing over the "machine" a shower of notes. This has lowered interest rates in these countries to a minimum and made large institutional depositors in these countries, especially the United States, seeking more profitable markets. One of them is Peru, the fastest growing economy in South America with the lowest inflation. Then, little by little, has been growing tide of dollars that come here.
The gradual appreciation of the exchange rate of the dollar has allowed sunlight have lower inflation and businesses, but not all, have been gradually adapted by improving their "competitiveness". But now we come to a crisis: the fact that the United States Congress and the Obama administration could not really deal with the so-called "tax gap", and now the end of February there will be a tremendous battle in Washington, makes tide of greenbacks to intensify. The Central Reserve Bank has purchased billions of dollars in recent years, but in recent weeks the tide has risen and the dollar has dropped more quickly. That does, as speculative investors know that the Bank is there to buy their dollars further come outside. But change is touching S/.2.50 per dollar, which is already very difficult for companies to defend themselves. If this trend continues and we S/.2.40 or 2.30, that level would lead to a real crisis in several sectors: agricultural exports, textiles and various other industrial products, with layoffs and bankruptcies. It's time to fight back in a much more aggressive.
Obviously, the central bank has to keep doing what you've been doing, but you must add the two other instruments have already used: purchase dollars and increase reserve requirements. It is essential to add to these measures, they both have their disadvantages, allow AFPs increase their investments abroad, if they wish. They are all almost the limit of 30% of its assets when legally could reach 50%. But to decide that the central bank will probably need the support of a decision of the full Board. Very unfortunately, the full Board does not exist because Congress has failed in the last year and a half to agree to appoint three directors missing. This indecision, irresponsible and regrettable, can have serious consequences for our economy. It is urgent to make decisions and appoint capable people, class, and has no questions. To that list we must add the Ombudsman and members of the Constitutional Court even not nominated.
There are other possible measures: one would allow companies to be Peruvian dollars abroad, and very considerable sum, to prepay and reduce some of these debts in exchange for a reduction of 30% withholding tax on these payments outside.
I think it is important to give a cry of alarm in time, so that does not happen what happened in neighboring countries that were left away by exaggerated appreciation of its exchange rate. Cite the case of Brazil, which last year grew only 1%, in part by an unsustainable appreciation of the real. Cite Chile's textile industry, which disappeared, and several Colombian companies that have faced the disaster and bankruptcy because their authorities were unable to cope with the wave of foreign dollars. We live in a time that is not normal: it is normal for the U.S. Treasury, about to face a serious fiscal crisis, is paying only 0% for three-month loans. That's not normal and so here we have to take extraordinary measures and not fall asleep. And Congress should take their responsibilities, because otherwise they would be jointly responsible for a serious problem for our economy.
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jueves, 10 de enero de 2013
PERU`S ECONOMIC BOOM SPURS GROWTH OF MIDDLE CLASS NOW IN 2013.
Washington, London. Jan. 10 (ANDINA). Articles in The Washington Post and Financial Times highlight the impressive growth of Peru’s gross domestic product during President Ollanta Humala’s administration, which remains as the fastest-growing economy in Latin America, thus boosting the country's middle class.
This extraordinary development of the country's economy is driven mainly by domestic consumption of goods and services and foreign investments.
The articles also highlight the commitment of President Humala to reduce poverty levels to 15 percent by 2015 through a series of social programs aimed at benefiting the neediest and an increase in minimum wages and pensions. The report said that this spectacular growth was due for the further expansion of the country’s middle class, which leads and boosts consumption and generates synergies in all the economy’s sectors.
This adds to the steady decline in poverty during the last ten years in addition of the increasing levels of "banking" of the economy and the rise in wages which have increased at an annual rate of 6 and 7 percent in the past decade.
Indeed, the macroeconomic figures are reflected in the construction of malls in Lima’s popular areas such as "Mega Plaza Express", where consumption increase at an accelerated rate.
The Andean country’s gross domestic product rose 6.7 percent year on year in October 2012, marking 38 consecutive months of growth.
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Cesar Moran - Moderator of this Blog
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The articles also highlight the commitment of President Humala to reduce poverty levels to 15 percent by 2015 through a series of social programs aimed at benefiting the neediest and an increase in minimum wages and pensions. The report said that this spectacular growth was due for the further expansion of the country’s middle class, which leads and boosts consumption and generates synergies in all the economy’s sectors.
This adds to the steady decline in poverty during the last ten years in addition of the increasing levels of "banking" of the economy and the rise in wages which have increased at an annual rate of 6 and 7 percent in the past decade.
Indeed, the macroeconomic figures are reflected in the construction of malls in Lima’s popular areas such as "Mega Plaza Express", where consumption increase at an accelerated rate.
The Andean country’s gross domestic product rose 6.7 percent year on year in October 2012, marking 38 consecutive months of growth.
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Cesar Moran - Moderator of this Blog
SKYPE: CZRMORAN
PERU`S INDUSTRIALIZATION & TRANSFORMATION ON GAS & ENERGY PROJECTS - 2013
Cusco - Peru:
The Ministry of Energy and Mines, today announced the formal start of the process to carry gas projects promoted by the government which means "a great change for the country", thanks to natural gas , to be distributed in southern Peru, will also boost the economy and industrialization of Peru.
From the province of Anta (Cusco), where the president, Ollanta Humala, signed to give supreme resolutions Improvement country's energy security and Pipeline Development Southern Peru, and another on the draft Energy South Node, Merino announced that in two weeks will list the official call for tender that will begin construction of the pipeline.
Anta be stressed that the "exit" to transport natural gas to the rest of the southern region, as both high Andes to the coast, to Ilo (Moquegua) and Matarani (Arequipa), in order to boost business petrochemicals in the country.
"This is very important for the Macro South Region, because we`re at the start of construction of petrochemical complex in the south. With natural gas can get many products, including fertilizers, nitrates, etc.," said the minister, in his speech.
Merino Tafur thanked Congress for support, unanimously, the bill for energy security and development of the petrochemical, allowing enacting Law No. 29970, standard dictates rules to boost South Peruvian pipeline construction , the petrochemical and energy to the south node.
He recalled that this law ensures that natural gas will reach regions Arequipa, Apurimac, Cusco, Puno, Moquegua and Tacna, but there are also provisions for widespread natural gas and reach other regions, including Ayacucho and Huancavelica. "We request of Mr. President to move forward with natural gas projects in the shortest possible time, "he said
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NOTE: information was taken from the official government website of the Ministry of Energy & Mines
http://www.minem.gob.pe/descripcion.php?idSector=10&idTitular=5206
The Ministry of Energy and Mines, today announced the formal start of the process to carry gas projects promoted by the government which means "a great change for the country", thanks to natural gas , to be distributed in southern Peru, will also boost the economy and industrialization of Peru.
From the province of Anta (Cusco), where the president, Ollanta Humala, signed to give supreme resolutions Improvement country's energy security and Pipeline Development Southern Peru, and another on the draft Energy South Node, Merino announced that in two weeks will list the official call for tender that will begin construction of the pipeline.
Anta be stressed that the "exit" to transport natural gas to the rest of the southern region, as both high Andes to the coast, to Ilo (Moquegua) and Matarani (Arequipa), in order to boost business petrochemicals in the country.
"This is very important for the Macro South Region, because we`re at the start of construction of petrochemical complex in the south. With natural gas can get many products, including fertilizers, nitrates, etc.," said the minister, in his speech.
Merino Tafur thanked Congress for support, unanimously, the bill for energy security and development of the petrochemical, allowing enacting Law No. 29970, standard dictates rules to boost South Peruvian pipeline construction , the petrochemical and energy to the south node.
He recalled that this law ensures that natural gas will reach regions Arequipa, Apurimac, Cusco, Puno, Moquegua and Tacna, but there are also provisions for widespread natural gas and reach other regions, including Ayacucho and Huancavelica. "We request of Mr. President to move forward with natural gas projects in the shortest possible time, "he said
if you like to participate..!
PLEASE LEAVE YOUR COMMENTS ON THE BOX BELOW...!
Saludos
Cesar Moran
Moderator of this Blog
SKYPE: czrmoran
NOTE: information was taken from the official government website of the Ministry of Energy & Mines
http://www.minem.gob.pe/descripcion.php?idSector=10&idTitular=5206
miércoles, 2 de enero de 2013
TODAY GOLD ROSE AFTER U.S. FISCAL TAXES, BUT IT LOOKS VULNERABLE..!
Signs of economic stagnation in Europe and India plan to limit imports of gold could encourage investors to sell their holdings of the precious metal.
New York (Reuters). - Gold rose nearly 1%, because the economic optimism firmly pushed shares on Wall Street after U.S. authorities reached a last-minute deal to avoid large tax hikes and spending cuts that threatened to push the economy into another recession.
Group metals silver and platinum rose sharply after Congress approved an agreement to avoid immediate austerity measures, to raise taxes on the wealthiest and preserve certain benefits.
However, the slug seemed to lose strength to extend gains in the first trading day of 2013, analysts said. Signs of economic stagnation in Europe and India plan to limit imports of gold could encourage investors to sell their holdings.
Gold rose 0.8%, to $ 1687.60 an ounce, off a two-week high of $ 1694.70 seen earlier in the session.
Gold rose around 7% in 2012, the twelfth year in a row on the rise. However, reported a weak fourth quarter to end the year fell 5.4%, its worst quarterly performance since the period July to September 2008. Silver climbed 2.4%, to U.S. $ 31.01 an ounce.
Uncertainty remained after budget deal in America. The spending cuts of U.S. $ 109 000 million in military and domestic programs only were adjourned for two months and further discussions on the debt ceiling looming U.S. within that time.
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Cesar Moran - Moderator of this Blog
ACCEPTING OFFERS TO OBTAIN SILVER AND/OR GOLD DIRECT FROM THE SOURCE
( DBA) MineraPeru is a Peruvian company focus on medium to large size mines. current or previously producing precious and base metal mining projects in Peru. We are specialists in identifying high grade, accessible mines to operate and/or put them under contract to buy their mineral and process it to export.
Minera-Peru offers the Participation to obtain Silver and/or Gold direct from the source. We provide the unique opportunity for buyers / investors to obtain precious (silver and/or Gold in particular) / base metals at discounted to market pricing.
When we invest in mines, we also invest in the Local Communities
Peru is the Place to be..! Exists 53 Billions USD, in potential projects to be executed for the next 5 years in Peru s mining sector. and there is only 10% of the current reserves being explored and exploited.
Peru is:
#1 in the world for SILVER production
#6 in the world for GOLD production
Within the top 5 in the world on most base metals. If you`re looking to obtain physical Gold or Silver... you will want to contact us.
We`re a commercializing mining company with definite Peruvian mining understanding, experience and operations, Our practical and in depth knowledge can and will help you. We would be delighted to hear from you, if you are interested in Gold, Silver in Peru, Generally.
For more detalis and information on how you want to find out and may work with us. send information request to:
info@mineraperu.com
All the best
Saludos Cordiales
Cesar Moran
Skype: czrmoran
Minera-Peru offers the Participation to obtain Silver and/or Gold direct from the source. We provide the unique opportunity for buyers / investors to obtain precious (silver and/or Gold in particular) / base metals at discounted to market pricing.
When we invest in mines, we also invest in the Local Communities
Peru is the Place to be..! Exists 53 Billions USD, in potential projects to be executed for the next 5 years in Peru s mining sector. and there is only 10% of the current reserves being explored and exploited.
Peru is:
#1 in the world for SILVER production
#6 in the world for GOLD production
Within the top 5 in the world on most base metals. If you`re looking to obtain physical Gold or Silver... you will want to contact us.
We`re a commercializing mining company with definite Peruvian mining understanding, experience and operations, Our practical and in depth knowledge can and will help you. We would be delighted to hear from you, if you are interested in Gold, Silver in Peru, Generally.
For more detalis and information on how you want to find out and may work with us. send information request to:
info@mineraperu.com
All the best
Saludos Cordiales
Cesar Moran
Skype: czrmoran
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