COUNTRY REPORT - portal.ingemmet.gob.pe

GEOLOGICAL SURVEY

OF PERU

(INGEMMET)

COUNTRY REPORT

Magdie Ochoa

Alexander Santisteban

PERÚ

2009

INGEMMET is a Public Institution

of The Ministry of Energy and

Mining whose mission is to get,

keep and diffuse the geological

data in order to promote the

mining investment.

Starting from 2007 Ingemmet is also in charge of gran try the mining

concessions.

INTRODUCTION

INGEMMET

MINERAL RESOURCES

AND ENERGY

DEPARTMENT

ENVIRONMENTAL

GEOLOGY AND

GEOLOGICAL HAZARDS

GEOLOGICAL

RESEARCH

MINING CADASTRE

DEPARTMENT

MINING CONCESSIONS

DEPARTMENT

REGIONAL GEOLOGY

DEPARTMENT

MINING CONCESSIONS

AND CADASTRE

ADMINISTRATION

MINISTRY OF ENERGY AND MINING

Maps

Reports and Bulletins

Data

Base

Geologycal

Survey

REGIONAL GEOLOGY DEPARTMENT

Carriyng the local and regional geological mapping, geophysics and paleontology research

Products:

1:100 000 – 501 geological maps (100%)

1:50 000 - 52 maps and

1:500 000 regional maps as well

1. Huancabamba Deflection

2. Calipuy Volcanics

3. Extensional Basins of the

Central Coast

4. Magmatic Southern Arc

5. Perm-Triasic Rocks

6. Continental Platform

7. Peruvian Rain Forest

1

6

7

2

4

3

5

MINERAL RESOURCES AND ENERGY

DEPARTMENT

Metallogeny

Geochemical prospection

Industrial rocks and

minerals

Mining and development

Yacimiento de Antamina

Yacimiento de Huanzalá

ENVIRONMENTAL GEOLOGY AND

GEOLOGICAL RISK

As a result, we now have the geological

hazard map (1:100000) up to (80%)

National Geologycal Hazard Map

Hydrogeologycal Map Geothermic Map

Mining Concessions and Cadastre

National Mining Cadastre.

Restricted areas

Mining Concessions

PERU: PHISIOGRAPHY AND

ECONOMICAL POTENTIAL

Peru is located in the central and

western part of South America. Its

geography is one of the most

complex due to the presence of

Peruvian Andes mountain chain

which divides the territory into

three regions (Coast, highlands

and jungle) whose weather,

vegetation and culture are

distinctive.

The Andes mountain chain is 7240 km in

length, 41 km in width and 6600 m the

highest peak.

Hydrocarbon potential

Mineral deposits potential

Natural gas potential

PERU : A COUNTRY WITH MINING

POTENTIAL

Macroeconomic Indicators

ANNUAL

INDICATORS 2006 2007 2008

AVERAGE EXCHANGE RATE (S/. Per US$)

GROSS DOMESTIC PRODUCT GDP (var. % real)

MINING GDP (var. % real)

INFLATION

EXPORTS (US$MM)

IMPORTS (US$MM)

MINING EXPORTS (US$MM)

References: MEF, INEI, BCRP

INVESTOR JURIDICAL ASSURANCE

•Contracts of juridical stability signed by the

state and guaranteed by the Political

Constitution of Peru.

•Free availability of currencies and

remittances abroad.

• Tax stability

•No discrimination between domestic and foreign

investor.

•Guarantee for the private property .

•Freedom to get domestic shares.

•Freedom to get internal and external credit.

•Transparency of information.

INVESTMENT AGREEMENTS

•Peru has signed bilateral

agreements: the Free Commerce

Agreements with USA, Canada,

China and Singapore.

Currently, we have in progress

agreements with Thailand, South

Korea and the European

Community.

CURRENT SITUATION OF MINING

DEVELOPMENT

CURRENT SITUATION OF MINING

DEVELOPMENT

NATIONAL TERRITORY NATIONAL TERRITORY

Main mining operations

and mining companies

Exploration: 100 exploration

companies from Canada, Australia ,

China, England, Italy and USA.

About 276 prospects and mining

projects.

Production : 589 mining units in

operation.

Peruvian ranking of mining production :

Destination of Peruvian mining exports

Reference: PROMPEX

GOVERNMENT INTERVENTION

•Basic geological information

•Geothermycs Resources

•Development and mining program

•Uranium Occurrence in Peru

BASIC GEOLOGICAL INFORMATION

•Geologycal Map

•Geologycal Hazards Map

•Hydrogeological Map

•Geothermal Field Map

•Metallogenic Map

• Geochemical Bulletins

Objectives:

-Update and classification of

geothermal resources and making

of projects up to the feasibility

stage in our country

GEOTHERMY: An energetic alternative in Peru

ENVIRONMENT N° FONTS

(1973)

N° FONTS

(2003)

AREQUIPA 23 52

TACNA 7 154

CUSCO 16 39

MOQUEGUA 2 43

Objective

It is in charge of granting the

technical advisory and fomenting

formalization, either the small scale

mining and the traditional mining,

improving the people lifestyles as

well as protecting the environment.

DEVELOPMENT AND MINING PROGRAM

In terms of Uranium deposits, Peru

has :

•2 projects in feasibility studies

•53 significant anomalies areas. and

• 16 prospects

Bayovar

Miski Mayo S.A.C.

13 000 TM U3O8 (Caro, 1980)

Macusani

Solex, Minera Macusani y

Venaresource.

12 200 TM U3O8 (Flores et al., 1983)

Uranium Occurrence in Peru

THANKS FOR YOUR ATTENTION