📋 Tender Overview
The Ministry of Energy and Mines (MINEM) has worked on the unlocking of important mining projects, shortening the time in obtaining permits and authorizations at different stages and achieving greater possibilities for employment, development and resources for several regions of the country.
Among the unlocked projects are Toromocho Expansion, Antamina Replacement, Immaculate Replacement, Zafranal, San Gabriel, Rio Seco Copper Plant, Yumpag, Retamas Expansion, among others, said Minister Oscar Vera Gargurevich.
He stressed that MINEM encourages investment in exploration through the improvement of standards, regulations, and legal and tax procedures, in order to maintain the dynamism of mining investments in the country, from exploration activities to the start-up of new mining operations.
He added that the accumulated mining investment until July amounts to more than US $ 2,241 million and at the end of the year it is expected to execute more than US $ 4,700 million in this area.
Vera highlighted the participation of MINEM in the different national and international events that have an important political and commercial impact on the development of the national industry and its perspectives of global reach.
He also indicated that MINEM strengthens preventive work to minimize social conflicts by promoting transparency and constructive dialogue with the various actors involved, including local communities and mining companies, to ensure an environment conducive to investment and sustainable development.
Minister Vera said that his sector will continue to strengthen its efforts to streamline the processes that shorten the paperwork in an articulated work with other sectors and with the participation of the most qualified technicians to streamline mining activity in the country.
