Peru has the potential to secure US$40 billion in mining investment over the next five years, thanks to its significant project pipeline and the measures being promoted by the Ministry of Energy and Mines (Minem) to accelerate their development,
Energy and Mines Minister Guillermo Shinno highlighted.
Likewise, the government official emphasized that his administration is working on mechanisms to streamline the development of mining projects and unlock the value of Peru's mineral resources.
He highlighted the mining sector's capacity to create jobs, boost regional economies, as well as contribute to growth and development.
"Minem is working to identify opportunities to simplify procedures and reduce timelines, particularly in processes that currently cause delays in project development," Shinno told Exitosa radio.
Regarding the relationship between mining activity and populations located in its areas of influence, Shinno noted that mechanisms need to be assessed so that part of the mining canon received by regional and local governments can be effectively allocated to projects that benefit communities.
"The population must tangibly see the benefits that mining activity brings," he emphasized, noting that the goal is to help improve relations involving the mining sector, the State, and the population, as well as reduce the factors that generate social conflict.
With regard to small-scale and artisanal mining, the minister reported that Minem is working on a legislative proposal aimed at establishing differentiated, streamlined procedures tailored to the characteristics of this sector.
Therefore, he stressed that the proposal seeks to establish specific standards for small-scale mining, differentiated from those applicable to large-scale mining, while maintaining minimum safety and environmental protection requirements.
As for illegal mining, the minister noted that the Peruvian State needs to strengthen a comprehensive and sustained strategy that allows it to intervene in the supply and commercialization chains that make this activity possible, emphasizing the need to strengthen controls over the inputs used in illicit activity.
(END) NDP/MDV/MVB
Published: 8/27/2026