Overview

• Closing Perumin 37 in Arequipa, President Dina Boluarte said the Reinfo registry has been purged to keep only miners committed to formalizing.
• The Executive sent eleven proposals to Congress outlining mineral traceability, concession changes, incentives for exploitation contracts, and financial inclusion to shape a new MAPE law.
• Boluarte framed illegal mining as organized crime and said two supreme decrees have been issued to reinforce prevention, control, and oversight with a multisector approach.
• The National Society of Mining, Oil and Energy backed letting Reinfo expire and urged Congress not to create a new pathway that replicates the formalization process under another name.
• Analysts questioned the legislative timeline and cited political incentives and data gaps from regions, suggesting a formalization extension is likely if the law is not approved in time.