1、PERU MINING 2025PDAC Pre-Release EditionStability and OptimismA new mood in Perus mining sectorThe fact that GBR has been producing this report on the Peruvian mining industry for so long 16 years,in fact has forged a strong sense of familiarity with many of the sectors leading companies and their e

2、xecutives.It is pretty common for meetings to start with a casual So,hows 2025 treating you so far?This year,and unlike the previous two years,their response was generally both surprising and refreshing:Busy as ever.Over the past two years,different events have impacted the industrys performance(pol

3、itical instability,widespread social unrest,etc.),however,this year,what used to be slow summer months in Lima have become bustling weeks of activity,so that 2025 has kicked off with a lot of energy.2025 has started with more momentum than in previous years,with a noticeable increase in work in Peru

4、 and abroad.In the last quarter of 2024,our engineering division saw a strong surge in industry demandalmost like a wake-up calldriving the need to meet tighter deadlines and expand services.It took a considerable effort on our part.Still,we succeeded and tackled it with dedication and commitment,co

5、mmented Guillermo Barreda,general manager for Peru at the consultancy and engineering firm Knight Pisold.Further down the value chain,Kai Rothgiesser,general manager for Peru at Bosch Rexroth,shared:Although 2024 started off slowly,the second half saw a surge in activity that has carried into 2025.T

6、he mining sector regained momentum,and operations are running more smoothly,without major conflicts disrupting production or logistics.In the production segment,Adolfo Vera,president and CEO at Southern Peaks Mining,briefly stated:For 2025 we are seeing promising results.Without quoting all 50 C-lev