About Mining sector in Peru
The Mining sector in Peru comprises 83 companies, including 19 funded companies having collectively raised $2.27B in venture capital money and private equity. Out of these, 12 are Series A+ funded.
Mining sector in Peru has seen 7 acquisitions and 4 IPOs. This represents almost 13.3% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies which provide technology solutions including software applications, new-age hardware and tech-enabled services across the mining value chain.
Mining sector is also known as Mining Tech or Mining Tech.
Companies included in Mining
Companies which provide software solutions for exploration, mine planning, operations, refinery, inventory management, supply chain management and also general management solutions for mining like finance and accounting, HR, health safety and compliance, data and analytics, and simulators. Also included are companies providing tech-enabled services through proprietary hardware such as drill rig alignment technology, communication technologies, etc.Companies excluded in Mining
Companies that manufacture traditional equipment, business services companies in staffing, marketing, IT services, consulting and online listing platforms for software/hardware products.Top Mining Companies in Peru
There are more than 83 companies in Mining in Peru. Antamina is the top Mining company in Peru, ranked using Tracxn Score (what's this?).
Here are 5 of the top Mining companies in Peru:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Mining and exploration services focused on copper and zinc projects | Lima (Peru) | 1997 | Funding Raised | - | |
Metal exploration and development company | Lima (Peru) | 1953 | Public | - | |
Producer of zinc, lead, and silver | Lima (Peru) | 1943 | Acquired | - | |
Owns and operated mining assets | Lima (Peru) | 2009 | Series C | $50M | |
Provider of silver, zinc, and copper mining services | Miraflores (Peru) | 2015 | Acquired | - |
Companies founded year-on-year in the Mining sector in Peru
4 Mining startups in Peru were founded in 2022 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | 2 |
2022 | 4 |
2021 | 1 |
2020 | 2 |
2019 | 3 |
2018 | 2 |
2017 | 3 |
Stage-wise distribution of Mining sector companies in Peru
Out of the total 83 Mining companies in Peru, 19 have secured funding. Among them, 12 have reached Series A or higher, and 12 to Series B or beyond.
Founded - 83
Funded - 19
Series A+ - 12
Series B+ - 12
Series C+ - 12
Company Stage | No. of companies |
|---|---|
Founded | 83 |
Funded | 19 |
Series A+ | 12 |
Series B+ | 12 |
Series C+ | 12 |
Funding Trends in the Mining sector in Peru
Total funding year-on-year in the Mining sector in Peru
The Mining sector in Peru saw a total funding of more than $2.27B in the last 10 years. The most amount of funding was in 2021 at more than $1B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $100M |
2024 | - |
2023 | - |
2022 | $427M |
2021 | $1B |
2020 | $300M |
2019 | $164M |
2017 | $33K |
Recent Funding Rounds in Mining in Peru
In the year 2020, till February 2020, Mining companies in Peru have raised $50M in equity funding across 1 round.
Here are some recent, important funding rounds in Mining companies in Peru:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series C | 9854 | Feb 12, 2020 | ||
Seed | 1473 | Feb 15, 2013 | - | |
Seed | 1219 | Mar 12, 2012 | - | |
Seed | 2257 | May 25, 2011 | - | |
Seed | 9181 | Nov 19, 2010 | - |
Top Investors in Mining in Peru
Appian Capital Advisory is the top investor in Mining companies in Peru based on number of companies invested.
Here are some top investors in Mining companies in Peru:
Investor | Location | Top Portfolio Companies |
|---|---|---|
London (United Kingdom) | - | |
Washington, DC (United States) | - | |
Lima (Peru) | ||
Lima (Peru) | ||
Lima (Peru) |
M&A activity in Mining sector in Peru
In the year 2025, till April 2025, 1 acquisition happened in Mining sector in Peru. Last year, in 2024, a total of 2 acquisitions happened in Mining sector in Peru.
Here are some recent, important acquisitions in Mining sector in Peru:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Apr 01, 2025 | ||
Business Acquisition | Nov 05, 2024 | ||
Business Acquisition | May 08, 2024 | ||
Business Acquisition | Jul 05, 2023 | ||
Business Acquisition | Feb 19, 2020 |
Acquisition trends in Mining sector in Peru
Here are the acquisition trends in Mining sector in Peru:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 2 |
2023 | 1 |
2022 | - |
2021 | - |
2020 | 1 |
2019 | 1 |
2018 | 1 |
2017 | - |
IPOs in Mining in Peru
In the year 2017, till February 2017, 1 IPO happened in Mining sector in Peru.
Here are some recent, important IPOs in Mining sector in Peru:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Feb 03, 2017 | Canadian Securities Exchange (CSE) | |
May 17, 1996 | New York Stock Exchange (NYSE) |
Top News in Mining in Peru
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Buenaventura Announces Third Quarter 2023 Results for Production and Volume Sold per MetalMining Stock Education•Oct 20, 2023•Buenaventura
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Rio Tinto’s iron ore mining in Guinea lacks funds from Chinese partnerMining Technology•Sep 19, 2023•Rio Tinto, Chinalco
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Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q2 2023 Financial ResultsTullahoma News•Aug 01, 2023•Minera Corona
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Minera IRL Completes Phase 1 of the Ongoing Long-Hole Drilling Campaign at the Corihuarmi Gold MineJuniorminingnetwork•Jul 31, 2023•Minera IRL
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Payet Rey, Rodrigo Elías and Garrigues guide Peruvian mining loanLatin Lawyer•Jun 06, 2023•Boroo, Barrick
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BHP and partners form GeoStable tailings consortiumMining Technology•Apr 21, 2023•BHP, Antamina, Barrick, Freeport-McMoRan and 4 others
