Mining concession work in Peru is governed by the Texto Único Ordenado de la Ley General de Minería (Supreme Decree 014-92-EM) and administered by INGEMMET; Law Offices Of SRIS, P.C. coordinates Peru mining matters through Of Counsel Martín Mayandía, admitted Colegio de Abogados de Lima (2009).
Peru Mining Concession Counsel
Legal Framework for Peru Mining Concessions
Peru’s mining concession regime is codified in the Texto Único Ordenado de la Ley General de Minería, approved by Supreme Decree 014-92-EM. This framework establishes the procedures for acquiring, maintaining, and transferring mining rights over metallic and non-metallic minerals. The Instituto Geológico, Minero y Metalúrgico (INGEMMET) serves as the national authority managing the mining cadastre, concession registry, and title issuance. Environmental oversight is handled by the Dirección General de Asuntos Ambientales Mineros (DGAAM) within the Ministry of Energy and Mines. Concessions are granted for an indefinite term, subject to annual penalty payments and compliance with minimum production requirements after the exploration stage.
Last verified: 2026-02-15 | INGEMMET | https://www.ingemmet.gob.pe
Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C. brings 120+ years of combined legal experience and coordinates cross-border matters across 81 jurisdictions.
Official Resources
Insider Perspective on Peru Mining Concession Filings
In INGEMMET filings, the examiner routinely cross-references the petitorio coordinates against overlapping community concessions and active mining rights before accepting the application for publication. The cadastre system (Geocatmin) is updated in near-real time, but informal mining claims in remote areas may not appear in the registry — requiring a physical site inspection to confirm availability.
- Identify the target area and verify availability through INGEMMET’s Geocatmin online cadastre.
- Submit the petitorio (concession application) with precise UTM coordinates, area in hectares, and the applicable filing fee.
- Publish the application in El Peruano and a provincial newspaper; 30-day opposition period begins.
- Respond to any third-party opposition or technical observations from INGEMMET.
- Receive the título de concesión after INGEMMET’s technical and legal review (typically 6–12 months).
- Pay the annual penalidad and submit the Environmental Impact Assessment (EIA) to DGAAM before commencing operations.
— Martín Mayandía, Peru Of Counsel, Law Offices Of SRIS, P.C.
In Peru, mining concessions are governed by Supreme Decree 014-92-EM — key requirements: indefinite term subject to annual penalty and minimum production.
| Requirement | Authority | Fee / Royalty | Timeline | Penalty for Non-Compliance |
|---|---|---|---|---|
| Concession application (petitorio) | INGEMMET | Filing fee: approx. USD 50–200 per application | 6–12 months for title issuance | Application rejected if coordinates or documentation are incomplete |
| Annual penalty (penalidad) | INGEMMET | USD 3–6 per hectare per year | Annual payment due by March 31 | Concession forfeiture after two years of non-payment |
| Minimum production (producción mínima) | Ministry of Energy and Mines | N/A (production requirement, not a fee) | Must commence within 10 years of title grant | Concession may be declared abandoned |
| Environmental Impact Assessment (EIA) | DGAAM | Varies by project scope (USD 20,000–100,000+ for preparation) | 6–18 months for approval | Operations prohibited; fines up to USD 500,000 |
Results may vary. Timelines and fees depend on project complexity and regulatory workload.
Our Authority in Peru Mining Matters
Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C. brings 120+ years of combined legal experience across 81 jurisdictions, with Of Counsel partners admitted locally in each jurisdiction where substantive local-law work is performed. In Peru, matters are led by Martín Mayandía (admitted Colegio de Abogados de Lima, 2009).
Our team has coordinated due diligence on concession packages involving community-consultation overlays, joint venture and streaming-royalty negotiations, and DGAAM compliance reviews for international mining operators entering the Peruvian market. We combine US-law coordination (FCPA, sanctions, cross-border structuring) with on-the-ground Peruvian mining law expertise through our Of Counsel network.
Representative Engagement Profile
Law Offices Of SRIS, P.C. is routinely engaged on matters of this class in Peru. Representative engagement profile: Coordinated due diligence on concession packages with community-consultation overlays; JV and streaming-royalty negotiation; DGAAM compliance review for international mining operators. Specific client names, deal values, and outcomes are disclosed only under engagement letter.
Results may vary.
Contact & Jurisdictional Information
Law Offices Of SRIS, P.C.
Virginia location — Fairfax | By appointment only
US/Global toll-free: (888) 437-7747
counsel@SRISCounsel.com
Jurisdictional presence: Peru matters are coordinated through Of Counsel Martín Mayandía, admitted Colegio de Abogados de Lima (2009).
Foreign-Law Representation Disclosure
Mr. Sris is admitted to practice law in Virginia, Maryland, DC, New Jersey, and New York. He is NOT admitted to practice law in Peru. Substantive Peruvian law work is performed by Of Counsel Martín Mayandía, admitted by the Colegio de Abogados de Lima (2009). Representation on Peruvian law is provided by counsel admitted by the Colegio de Abogados de Lima. Law Offices Of SRIS, P.C. coordinates US-law aspects of cross-border matters and engages locally admitted counsel for Peruvian legal work.
Availability: 24/7 phone intake — (888) 437-7747 — consultations by appointment only.
Frequently Asked Questions About Peru Mining Concessions
Who regulates mining concessions in Peru?
INGEMMET (Instituto Geológico, Minero y Metalúrgico) administers the mining cadastre and concession registry under Supreme Decree 014-92-EM. The Dirección General de Asuntos Ambientales Mineros (DGAAM) handles environmental review. Both agencies operate under the Ministry of Energy and Mines.
What is the minimum investment for a Peru mining concession?
No fixed minimum investment is required for the concession application itself. However, the holder must pay an annual penalty fee (penalidad) of USD 3–6 per hectare depending on the concession type and stage. Exploration and development costs vary by project.
How long does a Peru mining concession last?
A mining concession in Peru is granted for an indefinite term. It is subject to payment of annual penalties and compliance with minimum production requirements (producción mínima) after the exploration stage. Non-payment for two consecutive years results in forfeiture.
Can a foreign company own a mining concession in Peru?
Yes. Peru imposes no nationality restriction on mining concession ownership. Foreign entities may hold concessions directly or through a Peruvian subsidiary. Registration with SUNARP (National Superintendence of Public Registries) is required for title perfection.
What are the environmental requirements for a Peru mining concession?
Concession holders must submit an Environmental Impact Assessment (EIA) through DGAAM before commencing exploration or exploitation. Community consultation under the Prior Consultation Law (Ley 29785) may also apply when indigenous communities are affected. Non-compliance can result in fines up to USD 500,000 and suspension of operations.
Related Pages
Up: Peru Practice Hub
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