Overview
- An Energy and Mines Commission predictamen extends the mining formalization registry to December 31, 2027 or until a new MAPE law takes effect, and orders regulatory updates within 90 days.
- The draft halts ongoing exclusion procedures and authorizes exceptional reinstatement of those removed under Supreme Decree 012-2025-EM, a measure estimated to affect more than 50,000 operators.
- Lawmakers cite poor outcomes to justify a bridge measure, reporting only 65 formalizations this year—eight through the Energy and Mines Ministry—and noting that just 7% of registrants work on their own concessions.
- Positions diverge across institutions: MINEM supports an extension with simplification, MINAM urges support only for operations meeting environmental rules, and the National Water Authority warns of greater harm without effective oversight.
- Business groups and analysts oppose another prolongation, with SNMPE and IPE warning that illegal gold exports could reach 105–115 tonnes (~US$12 billion), while polling shows majority support for ending open‑ended extensions.