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PERUMIN 37 Opens in Arequipa as Peru Launches Real-Time Oversight for Small-Scale Mining

Officials used the opening to unveil a World Bank–backed system to track small-scale and artisanal operations in real time.

Overview

  • MINEM announced an interoperable digital platform with World Bank support to monitor production, sales, inputs and explosives in small-scale and artisanal mining, alongside support for about 5,000 producers entering the formalization registry.
  • EXTEMIN opened with more than 1,200 stands and delegations from 16 countries, with Germany as the allied country and nearly 60 German firms participating.
  • Industry leaders urged faster permitting, noting some projects can take up to 40 years, and warned that roughly half of Peru’s gold exports are of illegal origin.
  • Authorities projected over S/100 million in local economic impact and around 8,000 temporary jobs in Arequipa during the convention week.
  • Antamina highlighted its approved MEIA that supports operations through 2036 on its current footprint, tied to about US$2 billion in investment and a social project portfolio of roughly S/2,000 million.