Peru Silver Mining Market Analysis including Reserves, Production, Production Forecasts, Operating, Developing and Exploration Assets, Key Players and the Fiscal Regime including Taxes and Royalties, 2019-2024
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Peruvian silver mine production is expected to decline for the third consecutive year in 2020, to 114.2 million ounces (Moz), against 136.2Moz, a year ago. COVID-19-related labor shortages at Uchucchacua mine, coupled with temporary suspensions at the Arcata, Huaron and Morococha mines, were the primary factors attributable for the lower production in 2020. Moving ahead, the country’s Ministry of Energy and Mines plans to raise its mining gross domestic product (GDP) and investments to 14.4% and US$5.4 billion respectively in 2021, to revive its economy from the COVID-19 pandemic. Over the forecast period (2021–2024), Peruvian silver mine production is expected to grow at a compound annual growth rate (CAGR) of 2.5%, to reach 140.2Moz.
The report contains an overview of the Peru silver mining industry including key demand driving factors affecting the Peruvian silver mining industry. It provides detailed information on reserves, reserves by country, production, competitive landscape, major operating mines, major exploration, and development projects.
Reasons to Buy
Comprehensive evaluation of the impact of COVID-19 on Peruvian silver industry
To gain an understanding of the Peruvian silver mining industry, relevant driving factors
To understand historical and forecast trend on Peruvian silver production
To identify key players in the Peruvian silver mining industry
To identify major active, exploration and development projects in Peru
Table of Contents
2 Reserves, Production and Prices
2.1 Silver Reserves by Country
2.2 Silver Production
2.3 Silver Prices
3 Silver Assets
3.1 Active Mines
3.2 Exploration Projects
3.3 Development Projects
4.1 Demand from China
5 Major Silver Producers
5.1 Glencore Plc
5.2 Hochschild Mining plc
5.3 Compania De Minas Buenaventura SAA
5.4 Pan American Silver Corp.
6 Fiscal regime
6.1 Classification of Mining Activities in Peru
6.2 Governing Bodies
6.2.1 Ministry of Energy and Mines (MINEM)
6.2.2 Geological Mining and Metallurgical Institute
6.2.3 Ministry of Environment (MINAM)
6.2.4 Supervisory Organization of Investment in Energy and Mining (OSINERGMIN)
6.2.5 Organization of Supervision and Environmental Assessment
6.2.6 National Superintendence of Labor Inspection (SUNAFIL)
6.3 Peru’s Mining Fiscal Regime – Laws and Regulations
6.3.1 General Mining Law
6.3.2 Mining Canon Law
6.3.3 Law Regulating Environmental Liabilities of Mining
6.3.4 General Law of the Environment
6.3.5 Mining Rights and Fees
6.3.6 New Merger Control Regime
6.4 Peru’s Mining Fiscal Regime – Taxes and Royalties
6.4.1 Corporate Income Tax
6.4.2 Tax Loss Relief
6.4.3 Tax on Capital Gains
6.4.4 Capital Allowances
6.4.5 Business Expenses
6.4.6 Tax Depreciation
6.4.7 Modified Mining Royalty (MMR)
6.4.8 Special Mining Tax (SMT)
6.4.9 Special Mining Burden (SMB)
6.4.10 Value Added Tax (VAT)
6.4.11 Withholding Taxes
6.4.15 Tax Incentives
6.4.16 Under the Foreign and Private Investment Legislation
6.4.17 Under the General Mining Law:
6.4.18 Tax Treaties
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