Peru’s Ministry of Energy and Mines (MEM) issued a series of regulations aimed at boosting mining projects investment through the simplification of procedures, shorter deadlines as well as standardization and flexibility of criteria when requesting construction and operating permits at all stages of mining activity.
These regulations were approved through Supreme Decree Nº 001-2015-EM signed by President Ollanta Humala and endorsed by MEM’s head Eleodoro Mayorga.
A first general provision states that, during the procedures regulated by the Mining Law, either MEM’s General Directorate of Mining or the corresponding regional government will notify the applicant the observations and requirements in a single step and within a period of not more than fifteen (15) days.
In the case of beneficiation concessions, the notification must be made from the date the time limit for filing oppositions expires.
The applicant, in turn, is entitled for a maximum period of twenty (20) days to submit the necessary amendments.
During the procedures handled by regional governments, MEM will deliver a favorable opinion to authorize the start or continuation of the exploration activity, the construction of a beneficiation plant, the Mining Plan, and the start of development and preparation activities
(END) JJN/JJN/RMB/MVB
Published: 1/7/2015