Peru Mining Sector Diagnostic

Peru Mining Sector Diagnostic

The facts and events that have shaped the strengths of the Peruvian mining industry are well established. Private mining investment has flowed in during the last decade, making Peru the second most popular destination for mining investment in Latin...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
MINING SECTOR
VALUE CHAIN
TAXATION
REVENUE DISTRIBUTION
LICENSING
EXPLORATION
MINING OPERATIONS
LOCAL IMPACT
STAKEHOLDER ENGAGEMENT
REFORM AGENDA
Online Access:http://documents.worldbank.org/curated/undefined/448141632473923087/Peru-Mining-Sector-Diagnostic
http://hdl.handle.net/10986/36359
id okr-10986-36359
recordtype oai_dc
spelling okr-10986-363592021-10-23T05:10:40Z Peru Mining Sector Diagnostic World Bank MINING SECTOR VALUE CHAIN TAXATION REVENUE DISTRIBUTION LICENSING EXPLORATION MINING OPERATIONS LOCAL IMPACT STAKEHOLDER ENGAGEMENT REFORM AGENDA The facts and events that have shaped the strengths of the Peruvian mining industry are well established. Private mining investment has flowed in during the last decade, making Peru the second most popular destination for mining investment in Latin America. Peru has increased its annual copper production five times from approximately half a million to two and a half million metric tons of fine copper, moving from being only a major producer of gold to becoming also the second largest producer of copper in the world. The mining sector needs to create the necessary conditions, within a context of social legitimacy, to move forward successfully with the development of an extensive mining project pipeline. The country now faces the challenge of improving the sector’s policies and management to guarantee its long-term contribution to the country’s sustainable development. The government also faces the major challenge of artisanal and small-scale mining formalization and elimination of illegal mining, which has destroyed Amazon jungle with mercury, especially in the Amazonian Madre de Dios region. The Mining Sector Diagnostic (MSD) is a tool that the World Bank has developed to analyze the rules and policies that exist in the mining sector and the gap between these rules and their implementation in practice. It reviews sector performance from the perspective of the three main stakeholder groups , and analyzes their priorities to improve mining sector performance. 2021-10-13T15:44:12Z 2021-10-13T15:44:12Z 2021-05 Report http://documents.worldbank.org/curated/undefined/448141632473923087/Peru-Mining-Sector-Diagnostic http://hdl.handle.net/10986/36359 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Mining, Oil & Gas
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic MINING SECTOR
VALUE CHAIN
TAXATION
REVENUE DISTRIBUTION
LICENSING
EXPLORATION
MINING OPERATIONS
LOCAL IMPACT
STAKEHOLDER ENGAGEMENT
REFORM AGENDA
spellingShingle MINING SECTOR
VALUE CHAIN
TAXATION
REVENUE DISTRIBUTION
LICENSING
EXPLORATION
MINING OPERATIONS
LOCAL IMPACT
STAKEHOLDER ENGAGEMENT
REFORM AGENDA
World Bank
Peru Mining Sector Diagnostic
description The facts and events that have shaped the strengths of the Peruvian mining industry are well established. Private mining investment has flowed in during the last decade, making Peru the second most popular destination for mining investment in Latin America. Peru has increased its annual copper production five times from approximately half a million to two and a half million metric tons of fine copper, moving from being only a major producer of gold to becoming also the second largest producer of copper in the world. The mining sector needs to create the necessary conditions, within a context of social legitimacy, to move forward successfully with the development of an extensive mining project pipeline. The country now faces the challenge of improving the sector’s policies and management to guarantee its long-term contribution to the country’s sustainable development. The government also faces the major challenge of artisanal and small-scale mining formalization and elimination of illegal mining, which has destroyed Amazon jungle with mercury, especially in the Amazonian Madre de Dios region. The Mining Sector Diagnostic (MSD) is a tool that the World Bank has developed to analyze the rules and policies that exist in the mining sector and the gap between these rules and their implementation in practice. It reviews sector performance from the perspective of the three main stakeholder groups , and analyzes their priorities to improve mining sector performance.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Peru Mining Sector Diagnostic
title_short Peru Mining Sector Diagnostic
title_full Peru Mining Sector Diagnostic
title_fullStr Peru Mining Sector Diagnostic
title_full_unstemmed Peru Mining Sector Diagnostic
title_sort peru mining sector diagnostic
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/448141632473923087/Peru-Mining-Sector-Diagnostic
http://hdl.handle.net/10986/36359
_version_ 1764485021849092096

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