📋 Tender Overview
Between January and October 2024, 8 Environmental Management Instruments, 5 Exploration Start Authorizations were approved and 7 Preliminary Prior Consultations were concluded.As of October 31 of this year, a total of 14 mining projects in the Mining Exploration Portfolio, valued at more than US$ 156 million, showed significant progress in their various permits before starting activities in their exploration phase.
This was stated by Walter Sanchez, head of the General Directorate of Mining Promotion and Sustainability (DGPSM) of the Ministry of Energy and Mines (MINEM), during his presentation New mines and portfolio of mining projects, within the framework of the VI International Macro South Mining Congress (COMASURMIN 2024), in Moquegua.
He highlighted the importance of mining activities in their exploration phase because at this stage they seek to develop possible new exploitation zones, as well as extend the useful life of the mines that are in operation.
Without exploration, there is no future for mining activity, he said, and warned that Peru currently has a portfolio of 75 exploration projects located in different regions with an investment of US$ 644 million projected for this year.
He explained that these projects, during the exploratory phase, request various permits before starting activities, because, while they develop their studies, they require a greater degree of certainty for the identification of a mineralized deposit.
Along these lines, he said that, as of the tenth month of 2024, regarding the stages of progress, 8 Environmental Management Instruments (IGA) were approved, corresponding to the Berenguela, Maria Reyna, Pinaya, Pucajirca, Qanqawa, Quellopunta, Romina 2 and Qoya-Chullo projects.
Meanwhile, 7 Preliminary Prior Consultations (CPP) were concluded, in the projects: Bordebamba, Huarangayoc, Maria Reyna, Pinaya, Pucajirca, Qanqawa and Quellopunta. Likewise, 5 Exploration Start Authorizations (AIE) were approved, in the Willay, Quelcaya, Palca, Tambomayo and Pucajirca projects.
We have copper and other metals projects secured for the next 10 to 15 years, said Sanchez, emphasizing that paperwork is key to attracting more investments, and that the MINEMs commitment is to support responsible companies so that they achieve their projects that will also generate work for more Peruvians.
Moquegua is the first producer of molybdenum and the second in copper and, as of September, mining has generated 20,475 direct jobs, of which 2,139 correspond to women, an important advance towards gender equality in the sector, he concluded.
