GeopoliticsNotableReportedDeveloping
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Peru proposes mineral formalization regime until 2028, new agency FORMAPE
La República (Peru)LO·PE·1 day ago
Peru's government announced a new two-year program to formalize approximately 30,000 artisanal and small-scale miners, aiming to bring them into the legal economy. The move addresses longstanding informal mining activity, which has been linked to environmental damage and illegal operations. The success of the program remains uncertain, as previous formalization efforts have faced implementation challenges.