Peru's mining industry has been experiencing a notable upward trajectory in recent years, and this trend is expected to continue as investors pour money into various projects. The country's mining construction portfolio currently stands at $56 billion and is likely to expand further following the mining minister's commitment to streamlining the permitting process.

In 2019, Ecuador witnessed the launch of its first large-scale mining operations, marking a significant milestone for the country. Lundin Gold's Fruta del Norte mine, which produced over 200,000 ounces of gold last year, and the Chinese-owned Mirador mine, currently undertaking an expansion project to increase its copper output beyond its current capacity of 130,000 tonnes per year, have played instrumental roles in this development.

In a significant achievement for the Canadian company Lundin Gold, the first-ever industrial-scale gold exports from Ecuador were successfully sent off from a port in Guayaquil earlier this month. This momentous occasion marks a new chapter in Ecuador's mining industry, as Lundin Gold dispatched 180 tons of gold concentrate to Finland for processing, followed by a second shipment to a gold refinery in Switzerland.

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