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Peru - the second largest copper producer in the world

Currently, the Peruvian mining laws are to be revised.

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Energy and Mining Minister Ivan Merino says he wants to revise Peru's General Mining Law. Exactly which changes are pending is not yet known. The law regulating mining licenses is also to be tackled. According to Merino, Peru has a US$50 billion pipeline for mining investment. The government wants to provide a train that can transport metals from the Andes to the coast. Rag Udd, president of the BHP Group in the Americas, which has a stake in the Antamina mine in Peru, also believes that Peru has a "historic opportunity" to benefit from rising copper demand.

Because it can be assumed that the demand for copper will increase in view of the worldwide efforts to reduce CO2 emissions. And in order for Peru to make economic progress and increase its standard of living, mining is an important sector. Mining was already practiced in the times of the Incas. Gold, silver and copper are important export goods. Illegal mining is a thorn in the government's side.

Tier One Silver and Hannan Metals are companies with projects in Peru.

Hannan Metals - https://www.youtube.com/watch?v=tXqKksLoZb4 - is an exploration company with the goal of finding large copper-silver and copper-gold deposits. It is vigorously exploring the San Martin copper-gold-silver project in Peru.

Tier One Silver - https://www.youtube.com/watch?v=_GzHL8pnm58 - has five projects, including the flagship Curibaya project. Drilling has begun and the company hopes to make a world-class silver discovery.

Current company information and press releases from Hannan Metals (www.resource-capital.ch/en/companies/hannan-metals-ltd/) and Tier One Silver (www.resource-capital.ch/en/companies/tier-one-silver-inc/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also
applies: https://www.resource-capital.ch/en/disclaimer/

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