This week, the mining project Aunt Maria was back on the front page. Surprisingly, an internal company memo announcing “the resumption of activities in the Tía María project on July 1, 2024” was leaked on social media and in the press. It should be noted that, in the long history of conflicts against mining projects […]
Tag: Minem
Peru ranks fifth in Latin America in renewable energy investment ranking
According to the EY Peru study, Peru was ranked as the fifth most attractive country for investing in renewable energy in Latin America, after Chile, Brazil, Argentina and Mexico. Meanwhile, globally it was ranked 40th. In this regard, our country is one of the main markets that demonstrate great potential in the development of renewable […]
Single Window for mining begins its second stage of administrative simplification
The Vice Minister of Mines, Henry Luna Córdova, said that among the challenges to execute mining investments is to improve the paperwork, for which 10 State institutions have been integrated to open a Digital Single Window (VUD) that will soon be at the service of all investors. Luna Córdova specified that in a single portal […]
Minem: Congress delays law that would lower domestic electricity rates by 51%
The approval by the Congress of the Republic of Law 28832 would gradually reduce the costs of electricity generation, responsible for 51% of domestic rates for 33 million Peruvians, through the introduction of new renewable sources, specified the Ministry of Energy and Mines (Minem). During the Expo Energía Perú 2024, Minem’s general director of electricity, […]
Government promises to unblock Conga and promote Tía María, amid rising international prices
Dina Boluarte’s management has the will to resume the Conga mining project (Newmont and Yanacocha Mining) and encourages the beginning of Tía María (Southern Copper). Although both do not have a social license, the Government plays its cards for mining in order to close gaps after a year of recession, since Peru is a key […]
Conga is going, Minem confirms: “We will not allow Cajamarca to stop producing”
The head of the Ministry of Energy and Mines, Rómulo Mucho, announced that the Conga (Newmont) project, located in Cajamarca, is going ahead, and therefore, they will seek social consensus to move it forward. “In Cajamarca we have great social work to do, both on the side of the State and the companies. We are […]
Natural gas concession in Piura could annex Tumbes
Five years after its grand announcement, the Ministry of Energy and Mines (Minem) officially declared the expiration of the concession contract to massify natural gas in Tumbes, and must now decide whether to re-tender the work with a similar scheme or resorts to other mechanisms, such as FISE. In 2019, the government of Martín Vizcara […]
Minem: Digital Single Window will allow mining permits to be approved in less than a year
The Minister of Energy and Mines, Rómulo Mucho, showed his confidence that permits for mining projects will not take more than a year, after the Digital Single Window (VUD) is fully implemented, which today is in the first of its three phases. “We discussed this at PDAC Canada 2024. How long does a permit take […]
Jorge Arnao Arana is the new director of Hydrocarbons at Minem
In accordance with ministerial resolution No. 189-2024-MINEM/DM, the new general director of Hydrocarbons of the Ministry of Energy and Mines (Minem) was appointed. Join the WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Saturday, May 4 AFP 2024 Withdrawal: what is the last digit of the DNI […]
Tumbes runs out of natural gas: Minem confirms expiration of the concession contract
The Ministry of Energy and Mines (Minem) declared the expiration of the Concession of the Natural Gas Distribution System through Pipeline Network of the department of Tumbes, granted to the company Gas Natural de Tumbes SAC almost five years ago. Ministerial resolution No. 176-2024-MINEM/DM determines the “immediate cessation of the rights of the company Gas […]