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Perumin 37 Names U.S. 2027 Ally as Peru Previews Saudi Mining Accord

The Arequipa gathering is a stage for cross-border deals, real-time oversight of small-scale mining.

Overview

  • Organizers confirmed the United States as País Aliado for Perumin 38 in 2027, aligning with 200 years of bilateral ties and ongoing cooperation on critical minerals supply chains.
  • Prime Minister Eduardo Arana announced a November agreement with Saudi Arabia on mining and metallurgy and highlighted a new Chile–Peru memorandum to advance copper industrialization.
  • Energy and Mines Minister Jorge Luis Montero detailed an interoperable, World Bank–supported digital system that monitors in real time the production, commercialization, inputs and explosives used by small-scale and artisanal miners.
  • Industry leaders urged faster permitting and execution, warning some projects take up to 40 years to start, and flagged the economic and security risks of illegal gold in exports.
  • The convention in Cerro Juli is drawing over 65,000 attendees across six pavilions and is projected to generate more than S/100 million for Arequipa’s economy.