Overview

• Peru and Chile signed an MoU launching Project 51, a 15-year effort to supply 51% of global copper and sell finished copper products to high-tech clients.
• Energy Minister Jorge Montero said Peru will sign a memorandum with Ecuador to coordinate petroleum infrastructure, pointing to potential use of the Oleoducto Norperuano for Ecuadorian crude.
• The government confirmed the Conga project is outside its current pipeline, with any future consideration dependent on renewed local consent.
• Minem secured a US$250 million World Bank program, set a two-year deadline for a Ventanilla Única Digital, and noted an October congressional debate to expand Ingemmet’s mining and metallurgy directorates.
• Scientific findings at Perumin reported high-risk mercury exposure in Madre de Dios and Loreto linked to informal gold mining, as companies detailed milestones including Buenaventura’s San Gabriel start in Q4 2025 and Orygen’s US$3 billion renewables plan to 2030.