The Minister of Energy and Mines, Rómulo Mucho, reported that his ministry is preparing a regulatory project to allow the increase in the capacity of a mine’s beneficiation plant from 5% to 10%.
During his presentation at the world mining convention organized by the Prospectors and Developers Association of Canada (PDAC 2024), the minister said that being a country producing gold, copper, tin, silver, zinc, among other metals, consolidates Peru as global power of the sector.
In this sense, the head of Minem highlighted that, in addition to promoting the 75 exploration projects for US$647 million that Peru currently has in 16 regions (updated figures from the document “Mining Exploration Portfolio 2024”), the procedures will also be streamlined. before Senace.
“The aim is to raise the tolerance margin to 10% so that benefit concession holders can increase plant processing capacity without initiating a procedure to modify the benefit concession,” Mucho said from Toronto, Canada.
In Peru, the mines have an installed production capacity (for example, 10,000 MT of copper/day) and on this basis the environmental management instruments are developed prior to their construction. It is allowed to exceed this limit by up to 5% without the need to obtain new permits, but no more.
This is not the first time that raising the tolerance to 10% has been proposed. Previously, the National Society of Mining, Petroleum and Energy (SNMPE) has highlighted that the measure would help companies recover, in part, what they stopped producing due to social conflict, and thus reactivate the economy.
Source: Larepublica
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