Overview

• President Dina Boluarte closed Perumin 37 by affirming that her government will not extend the formalization registry and that the Reinfo process ends on December 31, 2025.
• The SNMPE warned that illegal mining networks could try to finance or infiltrate campaigns in the 2026 elections to weaken oversight and shape policy.
• IPE data presented at the convention attributes 44% of South America’s illegal gold exports to Peru and documents rapid growth in laundering nodes, with about 82 new processors and 58 new commercializers created each month.
• Legal experts at Perumin estimated more than S/9,000 million in fiscal losses from illegal gold and copper exports between 2023 and 2025, combining forgone taxes and related evasion.
• Analysts and monitoring groups highlighted the widening gap between reported production and exports and described processing plants and expanded export channels as key conduits for laundering illicit gold.