Mining generated more than S/ 3,496 million in transfers for the southern regions

According to the latest edition of the Mining Statistics Bulletin of the Ministry of Energy and Mines (Minem), the transfers of resources generated by mining to the regional and local governments of the South macro regionwhich include the Mining Canon, Legal and Contractual Mining Royalties, and Validity and Penalty Law, reached more than S/ 3,496 million in 2021.

This amount, intended for the member governments of the Southern Macroregion -Apurímac, Arequipa, Cusco, Madre de Dios, Moquegua, Puno and Tacna- constitutes an important source of financingsince these resources are used for the execution of various projects, in order to generate jobs and improve the living conditions of citizens, especially those who live in the areas surrounding mining operations.

Breaking down the result, the bulletin details that only in transfers by Mining Canon in 2021 a figure that exceeds S / 1,175 million was achieved, an amount that is directed to subnational governments for the execution of public works in various sectors for direct benefit. of the population.

Meanwhile, transfers for the concept of Legal and Contractual Mining Royalties totaled more than S/ 2,188 million in December, a situation encouraged by the high prices of metals and the greater mining production, which generated higher profits for the companies and, therefore, Consequently, the payment of more higher taxes in favor of the Condition.

Finally, the aforementioned southern regions received an amount that exceeds S/ 132 million as of November.

Among the member regions of the Southern Macroregion that received more resources, Arequipa is in first place with more than S/ 1,445 million; followed by Tacna with more than S/ 627 million, and in third place Cusco with a figure that exceeds S/ 473 million.

We can also mention Moquegua with more than S/ 415 million; followed by Apurímac, which received for these concepts a figure higher than S/ 386 million and Puno with more than S/ 140 million.

The South Macroregion presents a Portfolio of Mine Construction Projects of 21 projects, with a joint investment of US$ 26,170 millionwhich represents 49.2% of the national total, according to the bulletin prepared by the General Directorate for Mining Promotion and Sustainability (DGPSM).