This project increased Peru’s gross domestic product by 0.8 percent and increased Peruvian mining production 30 percent in 2002.

Ancash has the sixth highest GDP of all Peruvian regions due to Antamina and is expected to grow another 60 percent. It was previously ranked 12th.

Antamina is expected to become the country’s leading producer of zinc and the second largest copper and molybdenum producer among Peruvian mining companies. There is also silver content in the concentrates exported by Antamina, that are valued upon arrival at their destination and which essentially constitute silver exports.

Main Figures from Antamina (Economic Study from Apoyo Consultoría)

• Antamina is the world’s third largest mine and the leading combined copper-zinc mine.
  
  
• The mine’s proven and probable reserves make it Peru’s leading zinc mine and second largest copper mine.
  
  
• A total of US$ 2,260 billion has been invested in the project.

• The investment represents 40 percent of mining investment and 5 percent of private investment carried out in Peru since 1998.
  
  
• Compañía Minera Antamina S.A. is the largest Peruvian copper – zinc mining company.
  
  
• The construction involved 50 contracted companies and 9,795 workers. It has indirectly employed as many as 35,262 workers.
  
  
• The operation employs 1,400 workers, 98.25 percent of which are Peruvian. It is one of the main sources of formal, well-paid work in the country, particularly in Ancash.
  
  
• Funding for the project was considered the most important financial agreement in the world in 1999.
  
  
• More than 110 million tons of material was shifted to build the mine.
  
  
• The height of a chain of mountain peaks was reduced by 292 meters and a 32 hectare lagoon was drained to create the mine.
  
  
• Antamina has invested US$16 million in social programs, the most significant amount invested in poverty alleviation by any private company in Peru.
  
  
• The operation’s access route integrates the rest of the country with the Conchucos Valley, a zone that has essentially been forgotten since the beginning of the Republic.
  
  
• In five years, per capita income is expected to double in the area.