Peru's Mining Fiscal Landscape Regulations Governance and Sustainability (2024)

Peru's Mining Fiscal Landscape Regulations Governance and Sustainability (2024)

Peru's Mining Fiscal Landscape Regulations Governance and Sustainability (2024)

Summary

GlobalData's "" Peru's Mining Fiscal Landscape Regulations Governance and Sustainability (2024)"" provides a comprehensive coverage on Peru's mining fiscal regime. The report provides country's overview with macroeconomic performance, corruption index, and mineral overview. It also provides a comprehensive coverage on the country’s mining regulatory bodies, laws, mining licenses and fees, as well as taxes and royalties. The report further provides Peru's sustainable mining practices covering its climate targets

Mining is a significant contributor to Peru’s economy, accounting for 10% of national Gross Domestic Product (GDP) and 62% of national exports in 2023.

The Peruvian economy is expected to recover and grow 2.7% in 2024, following a slight contraction of 0.6% in 2023, which was attributed to unfavorable weather conditions, social unrest, and diminished business confidence. In 2025 GDP is projected to increase at around 2.5%, Over the medium term, GDP is expected to grow at an annual rate of 2.4%, primarily supported by exports from new mine projects (Quellaveco, Toromocho expansion).

The Peruvian mining industry is governed and regulated by several authorities, which focus on aspects such as administration, environment, health and safety. The chief agencies include the Ministry of Energy and Mines, Geological Mining and Metallurgical Institute, Ministry of Environment (MINAM) and Supervisory Organization of Investment in Energy and Mining (OSINERGMIN).

Scope

• The report outlines the governing bodies, governing laws, various mineral licenses and fees by state and territory

Reasons to Buy

• Enhance your decision-making capability in a more rapid and time sensitive manner
• Find out Peru's governing bodies, major laws in the industry
• Identify various mineral licenses and fees
• To gain an overview of Peru's mining fiscal regime