Despite the fall in the production of gold and lower international prices, "everything indicates that the evolution of the metallic mining GDP... entered a period of growth which will be sustained primarily in copper production rocketing up, with further development of projects as the Las Bambas, and Constancy, among others," explained José De Echave, researcher of the NGO CooperAccion.
"We do not include in these projections projects such as Quellaveco, in Moquegua, because apparently they will keep waiting, until further notice, because of the financial difficulties Anglo-American is facing", Echave
In this context and with these projections - says Echave
- it might be wondered about the slowdown that was talked about in the previous months and weeks.
"The truth is that you can't see it anywhere," he
"Now it is announced a mining investment over US 22 thousand million until 2016, which though it may be oversized, it is not discussed that in this five-year period will be largely overcome the levels of the preceding five-year period," explained De Echave