He Ministry of Energy and Mines (Minem) reported that, through Resolution No. 236-2026-MINEM/CM, dated March 19, 2026, the Mining Council of Peru declared the nullity ex officio of Directorial Resolution No. 0692-2025-MINEM/DGM, dated October 13, 2025, which authorized the beginning of exploitation activities of the “Aunt Maria” projectin favor of the company Southern Peru Copper Corporation, opening the way to a new evaluation and reinforcing the solidity of the process.
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In this sense, Minem indicated that, once the resolution is notified, the file will be returned to the General Directorate of Mining, which will issue a new statement in strict compliance with the guidelines established by the Mining Council and current regulations.
“All of the above with the objective of strengthening transparency, legal security and confidence in the development of investments that contribute to the economic growth and well-being of the regions.“, explained the Minem.
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Likewise, he specified that the provisions of the Mining Council do not conclude any administrative procedure, but only imply the technical re-evaluation of the file within the corresponding legal framework.
He Minem He stressed that they continue to provide all the certainties to private mining investments in the country. It should be noted that the Mining Council justified its decision to annul the authorization granted by the General Directorate of Mining (DGM), under the assumption that Southern Copper would have failed to satisfactorily acquit two observations made to its request to start exploitation.
Asked about this, Southern pointed out that has requested an interview with the Government to clarify the decision of the Mining Council. The company also indicated that the decision would not affect them because Tía María is not yet in the exploitation stage.
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