The biggest threat to Peru's efforts to further tap into its vast copper ore reserves is the growing number of informal and illegal mining activities. Conflicts between property owners and concession holders have become a critical issue, and the Peruvian government is striving to find a balance. Peru's rich copper and gold ore reserves have attracted hundreds of thousands of small-scale miners, most of whom operate in areas where they do not own mining rights. It is estimated that 40 per cent of Peru's gold exports come from informal mines.
Many use a temporary registration process called REINFO, which allows them to operate while going through the formal process. The program is set to expire at the end of 2025, but the industry generally opposes it, arguing that these licenses serve as a cover for illegal activities.
On The LatinNews Podcast this week, we discuss the complexities shrouding Peru's mining industry and what the government is and isn't doing to correct it with special guest Dr John Crabtree, research associate at the Latin American Centre at the University of Oxford, associate of the Politics Department at Brookes University in Oxford, and region head for Latin America at Oxford Analytica Ltd.

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