Peruvian regions received more than 10,869 million soles in mining royalties between January and October
This is an automated translation of the original press release issued in Spanish
As of October, the regions received more than S/ 10,869 million in economic transfers from the mining subsector, such as the Mining Canon, Mining Royalties and Right of Validity and Penalty, which allows them to have resources to make necessary investments in favor of the population. , reported the Ministry of Energy and Mines (MINEM).
According to the Mining Statistical Bulletin (BEM) prepared by the General Directorate for Mining Promotion and Sustainability (DGPSM) of MINEM, this year the Mining Canon closed at more than S/ 7,844 million, with transfers made in the months of January and July , while, for Mining Royalties, as of October the regions received a higher amount of S/ 2,735 million.
Likewise, according to the "Report on the Management of Mining Rights of September 2022 - INGEMMET", transfers by Right of Validity and Penalty reached more than S/ 289 million until last August, with the Geological Mining and Metallurgical Institute (INGEMMET) entity in charge of collecting and distributing this mining concept.
The MINEM considered that these transfers will benefit the populations that are around the mining operations with the execution of public investment projects, which will improve their quality of life.
Among the regions with the highest transfers are: Áncash (S/ 2,866 million), which maintains first place as the department with the highest participation; while in the second position is Arequipa (S/ 1,483 million) and in third place was Ica (S/ 1,278 million).
It should be noted that, as of September, a total of 695 mining units were registered that carried out exploitation activities (metallic and non-metallic), while 414 units respond to exploration activities, according to the Monthly Statistical Declaration (ESTAMIN), which records that mining activity is carried out in 1.42% of the national territory.
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