1、PERU MINING 2024 Pre-Release Edition IIIn February 2024,Peruvian President Dina Boluarte appointed Jos Arista as the new Minister of Economy and Rmulo Mucho as the new Minister of Energy and Mines.However,these changes in the cabinet were not the only ones since 2024 began.While the Peruvian delegat
2、ion was at-tending PDAC in March 2024,Perus Prime Minister was flown back to Lima from To-ronto.He subsequently resigned over al-legations of using his influence to assist a woman in obtaining lucrative government contracts.Gustavo Adrianzn was then designated as the new Premier.As March unfolded,on
3、 Saturday 30,Pe-ruvian Police raided President Boluartes home as part of a preliminary corruption case,searching for Rolex and other luxury watches.This prompted the resignation of some ministers and led her former party,Per Libre,to sign a petition for her remov-al from office,citing“permanent mora
4、l incapacity.”In less than two months,Bolu-arte again reshuffled the cabinet,appoint-ing new ministers for key sectors,including Interior,Education,Agrarian Development,Production,Foreign Trade and Tourism,and Women and Vulnerable Populations.Finally,on April 3,the new Premier,Adrianzn,received a vo
5、te of confidence from Peruvian lawmakers.During his speech,he outlined the Governments commitment to facilitating mining invest-ments in the order of US$4.6 billion and strengthening the national mining indus-try by prioritizing projects like Tantahua-tay,Huancapet,Romina,and the expan-sion of Antam
6、ina and Raura.Recent events have undermined Perus efforts during the second half of 2023 to regain investors confidence and attract more capital.On April 25,S&P Global Rat-ings downgraded Perus long-term foreign currency sovereign credit rating from“BBB”to“BBB-”(It must be noted that Fitch Ratings a