- Business
- Peruvian Metals Corp. is a Canadian exploration and mineral processing company focused on the acquisition, exploration, processing, and development of precious and base metal properties in Peru and Canada. The company’s core products and services include exploration and development of mineral properties primarily for gold, silver, copper, lead, and zinc; mineral processing services with crushing, milling, gravity separation, and flotation circuits; and toll milling services that produce high-grade marketable concentrates. Its key assets include the Palta Dorada gold-silver-copper project in Northern Peru, the Minas Maria Norte project in southern Peru, the Minas Vizca, and the Minas Yanayco properties. The company owns an 80% interest in the Aguila Norte flotation processing plant in Northern Peru, which operates with an environmental permit allowing expansion beyond its current 100 tonnes per day processing capacity.
Recent major changes include the acquisition of the remaining 50% interest in the Palta Dorada project in early 2024, granting Peruvian Metals full ownership of this high-grade property. The company is progressing toward record production levels in 2025 at its Aguila Norte processing plant. Additionally, Peruvian Metals recently amended terms regarding the disposition of its Minas Maria Norte property to Rio Silver Inc., involving payments and share issuances that enhance working capital and allow the company to focus on its core assets like Palta Dorada. The company continues strategic acquisitions and partnerships to expand its mineral property portfolio in Peru, leveraging its extensive operational experience in the region.
Founded in 1997 and headquartered in Edmonton, Canada, Peruvian Metals operates primarily in the metal mining industry, targeting exploration and development of precious and base metals in mineral-rich and mining-supported Peru, alongside selected Canadian interests. Its business model emphasizes generating free cash flow and reinvesting into attractive exploration projects to drive shareholder value through sustained revenue growth and operational efficiencies.
Jeffrey Reeder serves as the company’s Chief Executive Officer and Director. Peruvian Metals maintains a strategic approach centered on acquiring promising mineral properties at low cost, negotiating partnerships with artisanal miners for mineral processing opportunities, and leveraging its established processing infrastructure to deliver high-quality concentrate products to market.
This description covers the company’s primary products, services, geographic focus, and significant recent developments as of late 2025.