Peruvian Metals Corp. (TSXV: PER, formerly Duran Ventures Inc.) is a revenue-generating, Peru-focused explorer and processor. It holds an 80% interest in the Aguila Norte plant -- one of very few fully-permitted polymetallic processing plants in northern Peru, which crushes, mills and floats ore into high-grade concentrates and generated income of C$0.88M in FY2026. The company's stated 2026 strategy is to shift from processing third-party material toward its own 100%-owned minerals (Palta Dorada, Mercedes) through the Aguila Norte plant to increase margin per tonne processed, making it an operator that both mines and processes rather than a pure toll processor.
Notable vs. Peers
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
Lifecycle Milestones
Construction Milestones
4 of 5 reached- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Reached — date not disclosed · Source
- Not yet reached
Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.
Not in place: grid power.
Jurisdiction (40%)6/10
Its Aguila Norte processing plant is in the La Libertad region of northern Peru, an established mining jurisdiction with moderate political, permitting and community-relations risk.
Infrastructure (40%)7.1/10
A confirmed mill, confirmed road access, no confirmed grid power, and a confirmed tailings facility at Aguila Norte Processing Plant, La Libertad Region, Northern Peru.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:5.5/10
Stage: Production
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:6/10
Peru: jurisdiction score 6/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Advisor to Rio Silver Inc. (TSXV: RYO) and concurrently Chairman & CEO of Peruvian Metals Corp. (TSXV: PER); also Senior Technical Advisor to Magma Silver Corp. B.Sc. (Hon.) Geology, University of Alberta; registered professional geologist with APEGBC since 1992. 25 years working in Peru, Spanish-speaking; led in-country Peruvian operations since 1996 with deep community and regulator relationships. Identified and acquired both the Aguila copper-moly project (developed by Industrias Penoles) and the Pinaya copper-gold project (explored by Kaizen Discovery).
CFO & Corporate Secretary of Peruvian Metals Corp. (TSXV: PER). 15+ years managing public and private mineral-exploration and mining companies. Source: peruvianmetals.com/management/.
Executive Chairman of Rio Silver Inc. (TSXV: RYO); also a director of Bold Ventures Inc. and Peruvian Metals Corp. Queen's University graduate with 30+ years of exploration and management experience on Canadian and international exploration projects. Officer and Director of Corner Bay Silver Inc., where he contributed materially to the discovery and evaluation of the Alamo Dorado silver-gold project in Sonora, Mexico (Corner Bay merged with Pan American Silver Corp. in 2003). Founder, Officer and Director of Stingray Copper Inc., which advanced the El Pilar copper property in Sonora to feasibility before its December 2009 acquisition by Mercator Minerals Ltd. Also a director of Eagle Graphite Corporation and Klondex Gold Corp.
Director of Peruvian Metals Corp. (TSXV: PER), based in Lima, Peru, and with the company since 2012. Over 20 years of experience in the mining sector and the Peruvian capital market. Source: Peruvian Metals' own director biography.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Peruvian Metals is a Peru-focused processor and explorer that holds 80% of the Aguila Norte plant, one of few fully permitted polymetallic processing plants in northern Peru, which crushes, mills and floats ore into concentrates and generated income of C$0.88M in fiscal 2026. Its strategy is to shift from processing third-party ore toward its own material from the 100%-owned Palta Dorada gold-silver-copper vein project in Ancash and the 50%-owned Mercedes silver-gold project in Junin, both targeting first material in the second half of 2026. The company states that none of its projects is the subject of a mineral resource estimate.