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Gold Fields' Paul Gomez talks about the regulatory issues facing Peru miners - Trend Detail

Wednesday, 7 June 2023

He regretted that "they cannot advance, not because of the capacity of the human talent that we have in the country, not because of the quality of the project or the deposit, but because of various permits."

The Technical Vice President of Gold Fields, Paul Gómez, highlighted the need to streamline permit procedures to boost mining investment in Peru. During his participation in Mining Thursday, organized by the Institute of Mining Engineers of Peru (IIMP), he indicated that most projects in the investment portfolio do not advance due to this problem.

"At least 70% of the projects in the portfolio are in the pre-feasibility stage, they do not even reach a feasibility stage and the reason for this is precisely the permits. They cannot advance, not because of the capacity of the human talent that we have in the country, not because of the quality of the project or the deposit, but because of various permits", he affirmed.

He considered, in this sense, that one of the main causes of this matter is the lack of will of various actors, such as society as a whole, the industry, but above all the political class.

"The single window has been offered to us as a solution to this for about 8 or 10 years, but until now we have not found it," he said.

"Our own institutions need to defend this position and propose territorial development so that it covers permits in various aspects. That is the macro concept and we as a society as a whole must reclaim that great achievement," he added..

Mining contribution

At another time, he spoke of the multi-stakeholder approach to resolve issues of social conflict and specify territorial development that, although it must be led and planned by the State, must have the collaboration of everyone, producers, explorers, society, etc. Thus, it will be possible to make a more efficient use of the resources generated by mining.

"Actually, the figures today speak of 9.5 million people in the country who are economically impacted by mining. It is not only a direct and indirect impact that we were talking about before from 1 to 3, from 1 to 4. Now we understand that it is approximately from 1 to 9", he explained.


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