Summary of PANORAMA PARA EL SECTOR MINERO 2020

00:00:00 - 00:40:00

This video discusses the current state of the mining industry in Peru and how it is expected to grow in 2020. It highlights some of the main issues facing the sector, including a lack of investment and bureaucratic obstacles, and urges the government to revise the mining regulations to make the sector more sustainable.

• 00:00:00 This video features a presentation by Miguel Cardoso, an expert on the mining sector, about Peru's 2020 mining sector outlook. According to a recent survey, nearly 70% of mining sector participants have seen at least one episode of "Rumbo Minero TV." Cardoso discusses the future of mining in Peru and how important it is to the country's economy. He also interviews Jose Carlos Requena, Director of the think tank 50 + 1, about the impact of foreign courts on Peru's legal system. Finally, Pedro discusses the improving mining industry in his home town of Lorencana, and how it is benefiting the community as a whole.
• 00:05:00 This video is a panorama of the mining sector, featuring the vice president of the Mines Institute and expert on mining, Miguel Nuevoa. They discuss the industry's current state and what to expect in 2020. One of the main issues is permits, which are often not approved in a timely manner. Another issue is the lack of experience among personnel in the agencies that issue permits.
• 00:10:00 Peru's mining sector needs more investment and efficiency, and the country should get used to being environmentally responsible. The sector has been growing rapidly, but this growth has come at a cost: without proper environmental controls, there is a high risk of environmental damage. Geologist Miguel Tur discusses the country's mining regulations, and how they have been ineffective in regulating the sector. He also talks about the current state of the mining industry in Peru and how it is projected to decline in 2018. Tur urges the government to revise the mining regulations to make the sector more sustainable.
• 00:15:00 The video discusses the fall in mining exploration and investment due to a lack of profitability. Five years or so ago, exploration was falling until 2016, when it stopped completely. The prices of mineral prices decreased world-wide to levels of $21.5 billion in 2016 from $7.3 billion in 2014. Since then, prices have slowly recovered and are now back at $7.3 billion. However, the sector is still facing many challenges, including the slow growth of the mining industry and bureaucratic obstacles. The study of competitiveness of the mining industry compares Peru with six other countries that are similar in terms of mining industry. Peru ranks 3rd in terms of competitiveness.
• 00:20:00 The video discusses the importance of mining in Peru, and presents two studies which show how important mining is for the economy. It also discusses the importance of the mining industry in relation to the country's judicial system. The presenter explains that, since the 1990s, when Peru started to privatize its mining industry, international organizations have become increasingly interested in the Peruvian mining sector.
• 00:25:00 The video discusses the REDD+ movement, international human rights activism, and environmental cases, and how these cases have led to the Peruvian government being accused of judicial invasion. One example of this is the 1995 case of texto vs. Peru, in which a Texas court found Peru to be responsible for environmental damage and ordered Peru to clean it up. In 2005-2007, the Missouri court accepted the case of Doe Run, which allowed Peru to try the case in its own courts rather than having the victims pursue it through US courts. In 2007, the Doe Run case was brought to the UK's Court of Appeal, and in 2015, the UK's Supreme Court ruled in favor of the plaintiffs. The video also discusses two recent cases in Europe: the Rengo vs. Peru case, in which a British court found Peru to be in violation of a bilateral investment treaty, and the Monterrico Metal case, in which a Spanish court found the Peruvian government responsible for environmental damage caused by a mining project. The main point of the video is that, in order to protect its citizens, Peru needs to call attention to the issue of its judicial independence and work to improve its judicial system so that cases like Doe Run can be resolved fairly.
• 00:30:00 The video explores the future of the mining sector, focusing on issues such as sovereignty, labor, and environmental sustainability. It interviews a professor from the University of Arizona and an engineer from the Instituto Tecnológico Superior de Canábica about their work in the mining industry. Later in the video, a presentation on renewable energy applications in mining is given.
• 00:35:00 This week's video discusses the upcoming Panorama of Mining 2020, which will be held in 9 and 10 December in Ecuador. The conference will be focused on mining for non-minerals professionals, and will provide more information on mining techniques. Ricardo La Voz, from Lundin Gold, comments on the new mine project in Ecuador. The mining industry in Peru continues to decline, and this is due in part to judicial issues being unresolved. The government should come out and defend its sovereignty, and this is all the government needs to do in order to prevent any future accidents. Finally, Jorge Alvarado talks about important industry topics in this week's program.
• 00:40:00 This video is about the mining sector and how it is expected to grow in 2020. Peru plans to have a strong presence at the Mining Show 2020, which is the largest and most important mining event of the year.