Thursday, May 22, 2025

 

Peru to create fund to incentivize small-scale mining

Stock image.

Peru’s government will create a “mining fund” set to finance incentives for small and artisan miners, the Andean country’s energy and mining minister Jorge Montero said on Wednesday.

“We are announcing in a few weeks the launch of a mining fund for small-scale and artisan mining,” Montero said, adding that these miners would have access to preferential rates and distribution channels.

(By Marco Aquino; Editing by Brendan O’Boyle)

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