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[Opinion] Snmpe Warns that Changes to the General Mining Law Would Affect Investments and Favor Illegality

Summary by Peru21
The SNMPE rejects changes to the Mining Law in Peru, warning that they could paralyze formal mining and discourage private investment in the sector.

4 Articles

Center

The SNMPE rejects changes to the Mining Law in Peru, warning that they could paralyze formal mining and discourage private investment in the sector.

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The approval of the opinion that modifies the Miner Concession Regime is a barbarity, “in fact it is a populist pressure, a move by Podemos and Junto for Peru to demonstrate that there will be much more facilities (for artisanal miners), but in return formal mining is being destroyed,” said former president of the National Society of Mining, Oil and Energy (SNMPE), Carlos Gálvez.In dialogue with Correo he specified that what was approved by the …

·Peru
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Minem expresses its concern over an opinion on mining concessions: “It can give greater incentives to illegal mining” This is how the congressmen voted to approve an opinion that threatens formal mining investmentThe National Society of Mining, Oil and Energy (SNMPE) expressed its rejection of the amendments to the General Mining Law approved by the Energy and Mining Commission of the Congress of the Republic, since they do not seek to strengthe…

·Lima, Peru
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Budget against illegal mining is 10 times smaller than that for another illicit sectorWith 11 votes in favour, one against and three abstentions, this week, the Congressional Committee on Energy and Mines approved to amend the General Mining Law to incorporate from the benefits of communities located in areas of influence of mines to punishments to concessions that do not produce after certain deadlines.This situation has already ignited alarms …

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Gestion broke the news in on Thursday, March 19, 2026.
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