After the announcement of the suspension of activities made by the mining company Antamina on October 31, the general manager and president of the institution, Víctor Gobitz, pronounced on the drastic measure and the indefinite strike that a group of the peasant community of Aquia abides by. , who took one of the routes of […]
Tag: mining
IMF will deliver this Friday a report on a new mining tax in Peru
The Minister of Economy and Finance, Pedro Francke, announced that the first report of the International Monetary Fund (IMF), aimed at providing advice to Peru on a new mining tax, will be delivered this Friday, October 29. During the press conference, where he presented the reform package in the company of the heads of the […]
Tax reform targets the highest earners
In order to raise the tax pressure and increase collection, the Executive yesterday presented the bill to request powers to legislate on tax, fiscal, financial and economic reactivation for a period of 120 days. The project mentions the axes that the tax reform will have, which would include several modifications to the income tax law […]
BCRP: Mining investment would grow more than 8% in 2022, only for projects that are already underway
Mining investment in Peru by 2022 would grow by more than 8% for projects that are already underway, according to the president of the Central Reserve Bank of Peru, Julio Velarde. The director of the monetary entity also specified that for next year there would be no growth in private investment in the country. “For […]
Local businessmen buy from Sumitomo the San Cristóbal mine, the largest silver mine in Bolivia
A consortium of Bolivian businessmen announced the acquisition of the shares of the Japanese Sumitomo in San Cristóbal, the largest mine in the payment on Bolivia, located in the southern department of Potosí, an operation that will extend its operations until 2050. “For Potosí it means extending the useful life of this company, the largest […]
The Ministry of Economy and Finance prepares tax reform for the mining sector and mypes
Last August the Executive, through the Ministry of Economy and Finance (MEF), announced that it will request special powers to legislate on economic and tax matters. Almost two months later, the Minister of Economy and Finance, Pedro Francke, gave details of the Government’s plans regarding the request, which aims to generate higher tax revenue that […]
Jorge Chávez Cresta is appointed as Vice Minister of Mines
The Executive Power today appointed Jorge Luis Chávez Cresta as the new Deputy Minister of Mines of the Ministry of Energy and Mines (Minem). Chávez Cresta is a general officer of the Peruvian Army in retirement, has a professional degree in Civil Engineering and Law, as well as a doctorate in Government and Public Policy […]
Mining exports grew 73.3% between January and August
The National Society of Mining, Oil and Energy (SNMPE) reported that Peru’s mining exports reached 25,496 million dollars between January and August of this year, a figure that represented an increase of 73.3% compared to the similar period of 2020, when 14,709 million dollars were reported. Even mining exports from January to August 2021 are […]