Loading ...Peru will seek “a new deal” with its all-important mining sector by providing incentives for projects with “social profitability” in the world’s No. 2 copper producer, new Energy and Mining Minister Ivan Merino told Reuters.
In his first interview since becoming minister on Thursday, he said mines not only need to make money for private companies and generate tax revenue. They should also help the population through improved infrastructure, respect for indigenous communities and better environmental protection, he added.
“A new deal will come out of conversations with all players in the sector, including large, medium and small-scale companies,” Merino said in his office late Friday, a day after taking office with other cabinet members appointed by leftist President Pedro Castillo.