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1h ago

PERUMIN 37 Delivers New Mining Commitments and Push for a Unified Global Standard

Industry leaders call for faster, more predictable permitting without lowering safeguards.

Karina Zevallos en PERUMIN 37. Foto: GEC.
El mundo necesitará un 70% más de cobre hacia 2050, un escenario que abre una ventana de oportunidad para los países con potencial minero. (Foto: Forbes)
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Ministro Montero y la plana mayor del evento apreciaron novedades tecnológicas con recursos de vanguardia.

Overview

  • President Dina Boluarte is set to close the convention in Arequipa on Sept. 26, alongside Prime Minister Eduardo Arana, according to the energy and mines minister.
  • A panel involving ICMM, MAC, The Copper Mark and BHP said the next draft of a consolidated mining sustainability standard will be released on Oct. 8 for a 40‑day public consultation with independent verification and multisector governance.
  • BHP named Peru its top Latin American exploration priority and announced an 18‑month copper campaign exceeding US$10 million across Áncash, Arequipa, Huancavelica, Ayacucho, Cusco and Apurímac.
  • Minsur committed at least US$500 million for access works to a new underground phase at Mina Justa, with blasting slated for mid‑October and first output targeted in 2027.
  • PERUMIN implemented Achilles‑run due‑diligence screening to flag risks including money laundering, corruption, illegal mining and sanctions breaches, while chief executives urged streamlined permitting and greater institutional predictability.