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Assesses the performance of the mineral industry in Peru. Ranking of Peru next to Chile in attractiveness of external mining companies; Combination of privatization and government restructuring; Finalization of agreements with neighboring countries of Bolivia, Chile and Ecuador concerning exploration activities.

Highlights the XXIII Conference of Peruvian Mining Engineers held at the Society of Jesus Cloisters of Santa Catalina Convent in Arequipa, Peru. Guest speakers; Theme; Activities for participants; Educational sessions; Financial issues in mining.

Focuses on Magma Copper Co.'s Tintaya mining operations in Peru. Two unions and two employment classes and pay rates; Outstanding performance of the people; Principal deposits within Tintaya's concession area; Use of flexible shifts; Rapid successes in milling.

Reports on the mining prospects in Peru. International mining companies' interest in Peru; Stability under the presidency of Alberto Fujimori; Description of major Peruvian mining companies; Environmental laws; Taxation and interest rates; Lack of infrastructures.