Latin American Mining

THIRTY six Australian companies have participated in one of Latin America’s largest mining trade shows, Peru’s Extemin 2007.

“While traditional Australian exports such as milk and cream products remain popular with Peruvians, mining and minerals are now the keys to our business success,” Austrade’s Lima-based senior trade commissioner Nicholas Baker said.

“Peru ranks among the world’s top seven mining countries with large reserves of copper, silver and zinc. Opportunities exist for exports of mining services, equipment, and technology in both underground and open-cut mining,” Baker said.

“A strong relationship will be further enhanced by the recent landmark mining and energy trade agreement signed between the two countries following APEC,” Baker said.

The latest agreement strengthens political and economic ties between the two countries and comes on the back of Peru joining the Cairns Group earlier this year, strengthening issues on agricultural trade.

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