Abstract

TORRES CUZCANO, Víctor. Economic Groups and the Mining Bonanza in Peru. Apuntes [online]. 2014, vol.41, n.75, pp.171-210. ISSN 0252-1865.

This paper analyzes the organizational strategies of the five most important national economic groups in the Peruvian mining industry - Buenaventura, Brescia, Volcan, Hochschild, and Milpo - during the first decade of this century, a period characterized by a sustained mining boom resulting from rising international prices of metals and by increased socio-environmental conflicts. In the unprecedented context of the boom, these mining groups strengthened their finances as a result of windfall profits, reformulated their business strategies in response to socio-environmental conflicts, reinforced (with the exception of Milpo Group) their principal characteristic as enterprises under the control and ownership of Peruvian families, and initiated the internationalization of their investments.

Keywords : Peru; mining; family business; economic groups; environmental effects.

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