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Peru Congress Panel Sets Friday Session to Weigh Reinfo Extension as Political Maneuvers Mount

Industry leaders warn illegal gold exports could rival formal shipments this year, underscoring the stakes in the formalization fight.

Overview

  • The Energy and Mines Commission scheduled an extraordinary session for Friday, Nov. 7 to debate a draft that would extend the mining formalization registry Reinfo.
  • Lawmakers are also pushing to reincorporate about 50,000 miners removed by a Supreme Decree during Dina Boluarte’s administration, according to the draft framework under discussion.
  • Reports indicate efforts to replace dissenting commissioner Jorge Morante to secure votes for the measure, a move the congressman confirmed was being pursued.
  • SNMPE president Julia Torreblanca urged the government to oppose another extension and to strengthen safety, traceability and environmental compliance instead of reopening the registry.
  • Only 65 miners have been formalized in 2025, with eight through the national ministry, while some legislators float an extension with tax and procedural “locks” as IPE estimates illegal gold exports at 105–115 tonnes worth roughly US$12 billion.