Unearthing Influential Factors Shaping the Mining Industry’s Development in Peruvian Regions (Apurimac-Cusco): An Exploratory Factor Analysis Perspective - Mining, Metallurgy & Exploration (2024)
- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 14
- File Size:
- 1960 KB
- Publication Date:
- Feb 17, 2024
Abstract
This study delves into the satisfaction levels of indigenous communities in Apurimac-Cusco, Peru, concerning mining activities
in their region. Our primary objective is to elucidate the interrelationships among observable variables, which are conceived
as linear combinations of multiple factors. Employing the statistical methodology of exploratory factor analysis, we aim
to pinpoint the pivotal factors influencing the progress of mining activities in Apurimac-Cusco. Through our analysis, we
have identified eight key factors that exert a significant impact on mining’s sustainable development in the area. These factors
encompass diverse facets, ranging from the support offered by mining company to communities, environmental considerations,
education, economic factors, provision of basic services, transportation and communication, support for social organizations,
and social-health-related aspects. This research endeavors to provide a comprehensive understanding of the complex dynamics
surrounding mining activity satisfaction among the indigenous population, offering a basis for further exploration and policy
development.
Citation
APA: (2024) Unearthing Influential Factors Shaping the Mining Industry’s Development in Peruvian Regions (Apurimac-Cusco): An Exploratory Factor Analysis Perspective - Mining, Metallurgy & Exploration (2024)
MLA: Unearthing Influential Factors Shaping the Mining Industry’s Development in Peruvian Regions (Apurimac-Cusco): An Exploratory Factor Analysis Perspective - Mining, Metallurgy & Exploration (2024). Society for Mining, Metallurgy & Exploration, 2024.