Peru's 2025 Mining Investments Highest in a Decade

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Written by Amir Richani for IIR News Intelligence (Sugar Land, Texas)

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Summary

Peru saw strongest mining investments in a decade in 2025. Gold and copper export values also rose throughout 2025 amid high prices.

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Banner Year for Top Producer

Peru, the world's third-largest copper producer and a key gold supplier, recorded mining investments of US$6.23 billion in 2025, about 24.3% more than the previous year and the highest number in a decade.

Infrastructure investments increased nearly 40%, while mining exploration and equipment investments increased 38.5% and 31.1%, respectively.

Funds destined for mining infrastructure topped the list at US$1.58 billion, followed by mining equipment and processing plant investments totalling US$1.3 billion and US$1.13 billion, respectively.

In 2025, Peru's mining portfolio included 65 projects totalling US$63 billion in investments, plus 80 exploration projects worth US$727.5 million.

This year, Peru expects mining investments in eight projects to reach US$7 billion, surpassing 2025 and signalling further mining expansion.

Industrial Info is tracking 715 mining projects (excluding bricks and ceramics, gas plants and cement plants) in Peru totalling US$52.12 billion of investment.

Production, Exports and Destinations

Peru produced 2.77 million tons of copper in 2025, a 1.2% increase over 2024, making it the world's third-largest producer after Chile and Congo. Gold output totalled 108.9 million grams, 0.7% below 2024 volumes.

However, in terms of export value, copper and gold significantly increased Peru's exports, driven by market-high prices, geopolitical tensions, a weak U.S. dollar and operational disruptions.

From January to November 2025, Peru exported US$24.95 billion in copper, up 15.2% year-over-year. Gold exports reached US$20.26 billion, marking a 44.9% increase from 2024. Together, these minerals made up 82.9% of Peru's metal exports.

In terms of export destinations, between January and November, about 75.2% of Peru's copper exports were destined to China, followed by Japan and Spain with 6.2% and 3.6%, respectively.

For gold, exports were destined for other destinations, with India leading the way at 27.7%, followed by Canada at 20.5% and the United Arab Emirates at 14.3%.

New Government

In February, Peru's Congress ousted President Jose Jeri in less than six months, making him the seventh president in a decade to depart. Jose Balcazar was sworn in as interim president ahead of the April elections.

Balcazar chose Angelo Alfaro, an engineer with an electrical background, as the nation's new Minister of Energy and Mines who will remain in power after the election's winner chooses a new cabinet by July. For more information, see February 18, 2026, article - Peru's Congress Ousts New President in Under Six Months.

Key Takeaways

• Peru received US$6.22 billion in mining investments in 2025.
• For 2026, the country expects to see investments of US$7 billion in eight large projects.
• The value of gold and copper exports significantly increased in 2025, driven by high prices.

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About IIR News Intelligence
IIR News Intelligence is a trusted source of news for the industrial process and energy markets, powered by Industrial Info Resources' Global Market Intelligence (GMI).

About Industrial Info Resources
Industrial Info Resources (IIR News Intelligence) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 250,000 current and future projects worth $30.2 trillion (USD).