The mining investment between January and November 2021 it reached US $ 4,453 million. The figure represents an increase of 21.6% in relation to the same period of the previous year when US $ 3,663 million was achieved, according to data from the Ministry of Energy and Mines (Minem). The result for the penultimate month […]
Tag: mining
Minem: mining investment exceeded US $ 4.45 billion between January and November 2021
Mining investment between January and November 2021 accumulated a total of US $ 4,453 million. The amount represents an increase of 21.6% in relation to the same period of 2020, when it registered US $ 3,663 million for the same concept, according to the Mining Statistical Bulletin (Bem) of the Ministry of Energy and Mines […]
MEF: There is an additional S / 233 million for Moquegua thanks to the payment of mining companies
The Minister of Economy and Finance, Pedro Francke, reported that the Moquega region will receive an injection of S / 233 million in its 2022 budget, as a result of the record collection achieved through the collection of debts from mining companies. “We have had a record tax collection thanks to the great effort of […]
Employment in mining grew 23.3% in November 2021
In November 2021, direct employment in the mining sector reached a new record high with a total of 246,641 workers, according to the Mining Statistical Bulletin (WELL) of the Ministry of Energy and Mines (Minem). This figure is higher than that registered last October, when 241,316 workers were reported. According to the newsletter, November’s result […]
Executive Branch evaluates proposing changes to the Mining Law
The president of the Council of Ministers, Mirtha Vásquez, reported yesterday that they will propose to the National Society of Mining, Oil and Energy (SNMPE) a series of changes in the General Mining Law to solve conflicts related to extractive activity. “We have frankly told the SNMPE that we would like to propose a series […]
Las Bambas: Mirtha Vásquez highlights restart of mining operations
The President of the Council of Ministers, Mirtha Vásquez, highlighted the restart of operations at the Las Bambas mining company after reestablishing the dialogue between the communities and the company with the intervention of the Government. In addition, it indicated that the state will be present in the area and will carry out a permanent […]
Las Bambas restarted operations without any mortal balance
Fourteen days after the total stoppage of its mills, the Chinese company MMG Ltd. resumed, in its entirety, its operations in the mining project of The Bambas, from the truce agreed in Cusco with the Chumbivilcas communities and the representatives of the Presidency of the Council of Ministers (PCM), on December 30. The decision was […]
Minem: mining projects must have a social component
The Vice Minister of Mines, Jorge Chávez Cresta, pointed out that mining projects, of any stratum, must have a social component, in such a way that they allow to make visible, in a few years, with concrete works and actions, the benefits generated by the activity, mainly , in the towns surrounding the operations, reported […]
Mixed results for production in November: mining and hydrocarbons fell 5.29%
At the end of November, the production of the Mining and Hydrocarbons It fell 5.29% compared to the same month in 2020, due to the negative performance of the metallic mining subsector, which registered a 5.85% drop. According to the report of the National Institute of Statistics and Informatics (INEI), this was due to lower […]
In 2021, Antamina and 3 mines paid tax debts
The miner Antamina paid S / 800 million to the Peruvian State for the concept of tax debt. In the last week of 2021, the Minister of Economy and Finance, Pedro Francke, announced the payment made by a company, however, he did not reveal what it was. “There is a reduction in the fiscal deficit […]