π Tender Overview
o The contractual renewal will allow the orderly development of environmental rehabilitation activities and will contribute to local socioeconomic development.The Ministry of Energy and Mines (MINEM), through the General Office of Social Management (OGGS), promoted a space for dialogue between the Ares Mining Company and the Pampa de Cuyoc Peasant Community, which allowed the renewal of the usufruct contract for the land of the Sipan Operational Unit to be signed for a period of fourteen (14) years, guaranteeing the continuity of the approved Mine Closure Plan.
The agreement will allow the environmental rehabilitation, physical stabilization and post-closure monitoring activities to be carried out in an orderly manner, in strict compliance with current regulations, ensuring the sustainability of the closure process of the mining operation in Cajamarca.
As part of the commitments reached, the company will maintain legal possession of the areas to complete the ecological restoration and environmental monitoring work. Likewise, it will promote productive development programs and prioritize the hiring of local labor for dismantling and remediation work, contributing to local socioeconomic development.
The dialogue space was developed under principles of mutual respect and transparency, strengthening trust between the parties and consolidating social peace in the region. At the close of the session, the delegations of the peasant community, the mining company and the MINEM representatives endorsed the minutes of agreements and assumed the commitment to establish permanent communication mechanisms and technical monitoring committees.
During the session, representatives of the community, located in the Llapa district of the province of San Miguel, highlighted the support of the OGGS of the MINEM, recognizing that its technical assistance and facilitation work were essential to reach consensus and successfully complete the process.
MINEM reaffirms its commitment to continue articulating and promoting sustainable mining that respects the environment and that walks hand in hand with communities, transforming dialogue into well-being and development for more Peruvian families.
Lima, July 10, 2026