The current director of Institute of Mining Engineers of Peru (IIMP)Rómulo Mucho will be the new Minister of the Energy and Mines portfolio, replacing Óscar Vera. Born in A lots of, graduated as a mining engineer from the National University of the Altiplano. Subsequently, he worked since the 1980s in various mines, including Tintaya and Hochschild Mining.
In the years 2005 and 2006, during the Government of President Alejandro Toledo, he held the position of Vice Minister of Mines.
Much is a well-known figure in the sector and a defender of modern mining. “We must make the population understand that mining is important, that it is the main engine of the economy, and now with family farming that needs support. Many projects can come together with agricultural exports. This had been advancing at a rate of 10% to 15% annually, today it has stopped”he recently commented to a media outlet.
He stated that a solution to get out of the economic recession is to unblock mining projects. Among the projects that hope to see the light during these months are: Antamina Replacement, Raura Replacement, Romina, Huancapetí Expansion, Tantahuatay Replacement, Chalcobamba Phase I, among others.
Minem has a portfolio of 70 mining exploration projects valued at US$521 million, which are located in 16 departments. Among them, La Zanja, Quicay II, Picha, Tambomayo and Soledad stand out. Peru remained the second largest producer of copper and zinc globally. Furthermore, at the Latin American level, it consolidated itself as the leading producer of zinc and tin.