Peru's Mining Fiscal Regime 2019

Peru's Mining Fiscal Regime 2019

Summary

GlobalData's “Peru's Mining Fiscal Regime 2019” report outlines the governing bodies, governing laws, mining licensing, taxes and royalties in the Peruvian mining sector.

Peru is rich in minerals and a major producer of base and precious metals. The Peruvian mining industry plays a significant role in the country’s economic development. In 2018, GDP contribution from the industry stood at US$20.3bn, accounting for over 12% of total GDP.

The industry is governed and regulated by several authorities, which focus on aspects such as administration, environment, health, and safety. Some of the chief agencies include Ministry of Energy and Mines, Geological Mining and Metallurgical Institute, Supervisory Organization of Investment in Energy and Mining, and Organization of Supervision and Environmental Assessment. The mining industry in Peru is regulated by laws such as General Mining Law, Mining Canon Law, Law Regulating Environmental Liabilities of Mining, and the General Law of the Environment.

Scope

- The report outlines the governing bodies, governing laws, various mineral licenses, taxes and royalties.

Reasons to buy

- Obtain up-to-date information on mining sector taxes and payments
- Conduct analysis to mitigate the impact of regulatory changes
- Understand the regulatory framework
- Gain an overview of the mining industry structure by identifying Peru's mining governing bodies, major laws and licenses