• The executive of SNMPE said that the northern macroregion gives us the opportunity to enhance the mining sector’s social competitiveness through an alliance with other industries.

Lima, March 29, 2023. Formal mining has been developing the region’s mining deposits, and thereby adding value to its geologic wealth. “This is important for the country’s progress,” asserted Angela Grossheim, executive director of the National Society of Mining, Petroleum, and Energy.

“Mining adds value to the minerals because it explores these deposits, and extracts, processes, and gives a commercial value to the minerals. This is a process of complete transformation that involves long-term investments, technology, and innovation.”

She affirms that the mining industry faces two extremely important challenges. The first is to figure out how to showcase the great potential that gold and copper bring to the table. Moreover, these minerals play a key role in the energy transition.

“The northern macroregion provides us with an opportunity we must grab.”

She also stated that mining has the challenge to enhance the population’s creativity and well-being, by boosting the growth of the mining industry and other productive sectors, such as the agriculture industry, fishing, and tourism.

“This makes us think about how we can implement development and investment plans, prioritizing and setting deadlines, and generating accountability. We must have authorities that are trained to carry out these activities, especially to properly use the resources coming from canon (fiscal redistribution) in favor of the communities,” she noted.

On the other hand, the executive of SNMPE highlighted the dynamizing effect mining has, given its role as generator of direct, indirect, and induced employment.

“The study conducted by the CCD has shown that implementing mining projects in the northern macroregion would create over a million jobs, triple the resources coming from canon, and reduce poverty by thirteen percentage points.”

This is because formal mining operations comply with international standards, pay taxes, and trigger a positive conduct in all companies with which they work. That promotes the formalization of the Peruvian economy.

Finally, Angela Grossheim ratified the business sector’s strong commitment to working with local and regional authorities on the regions’ territorial development.

“This is a challenge for all of us, something we need to tackle by joining efforts and working all together,” she expressed.