📋 Tender Overview
The Ministry of Energy and Mines (MINEM) reported that the transfers of resources to the country's departments generated by mining activity, which include the Mining Canon, Mining Royalties (Legal and Contractual), as well as the Right of Validity and Penalty, totaled more than S/ 2023,6 million as of September 952, according to the latest edition of the Mining Statistical Bulletin (BEM). Analyzing in detail, the Mining Canon transferred this year registered more than S/ 5,218 million, the second highest amount recorded in its history.
It is worth mentioning that this amount was transferred in two parts, the first as an advance in January (S/ 2,349 million) and the second transfer was made in July (S/ 2,869 million), based on the data of the regularization of the Income Tax.
Likewise, transfers for Legal and Contractual Mining Royalties as of September totaled more than S/ 1,532 million. It is important to note that the amount transferred for the concept of Legal Mining Royalty is the result of the quarterly profits generated in 2023, while the Contractual Mining Royalty is subject to contracts established by the State.
The document, prepared by the General Directorate of Mining Promotion and Sustainability of the MINEM, also details that the distribution of resources to regional and local governments for the concept of Right of Validity and Penalty is in charge of the Geological Mining and Metallurgical Institute (INGEMMET) and was greater than S/ 200 million.
The MINEM highlights that the amounts transferred constitute an important source of financing for regional and local governments, since they are used for the execution of public projects, with the aim of generating jobs and improving the quality of life of the population, especially those located in areas of influence of mining projects.
Finally, in the analysis by departments, Ancash maintained its leadership with more than S/1,684 million and a share of 24.2% of the total. In second place was Arequipa with an amount of more than S/ 1,050 million, representing 15.1%; and in third place was Ica with a figure that exceeds S/ 896 million, which is equivalent to 12.9% of the total.
