US EditionConfeep Rejects Mining Opinion: “They Will Lead Us to Absolute Informality”
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Budget against illegal mining is 10 times lower than that for another illicit sectorThe discussion on how to deal with illegal mining in Peru becomes more relevant in a context in which recent legislative initiatives could end up weakening formal activity.The opinion adopted in the Energy and Mines Commission, which proposes changes to the concession regime under the premise of combating the so-called “loose concessions”, has raised alerts in th…
The president of the National Confederation of Private Business Institutions (Confeep), Jorge Zapata, questioned the approval of a legislative initiative that reduces the deadline for a mining concession from thirty to fifteen years. Zapata said that this opinion, approved by a majority in the Committee on Energy and Mines of the Congress, in addition to other populist laws promulgated by the executive branch “will do the country a great deal of…
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