At PERUMIN, President Boluarte Calls for New ASM Law

Context and Presidential Message
During the closing sessions of the PERUMIN 37 mining convention in Arequipa (September 22–26, 2025), President Dina Boluarte addressed one of the sector’s most complex challenges: the regulation of artisanal and small-scale mining (ASM). She urged Congress to approve a new law “with a social sense,” aimed at better integrating thousands of small miners into the formal economy while addressing environmental degradation and community risks. Her remarks positioned ASM reform as both a developmental and governance priority, given its economic weight and social impact across multiple regions.

Policy Goals and Strategic Relevance
Boluarte emphasized that the objective of the proposed framework is not only to formalize production but also to guarantee improved working conditions, environmental safeguards, and fairer distribution of benefits. By outlining a legal path for ASM integration, the government aims to curb illegal extraction, strengthen traceability of gold and other minerals, and reduce tensions in mining regions. Analysts noted that aligning ASM practices with global standards is increasingly critical for maintaining Peru’s credibility in international supply chains, particularly as critical minerals like copper and lithium draw heightened global scrutiny.

Implications for the Mining Landscape
The presidential call at PERUMIN signals a shift toward more inclusive governance of the mining sector. While large-scale projects dominated much of the convention’s agenda, the ASM law debate underscores the need to tackle fragmentation and informality that undermine both state revenues and community trust. If implemented effectively, the law could contribute to social stability, environmental protection, and broader legitimacy for Peru’s mining industry. However, observers caution that success will depend on balancing formalization incentives with enforcement capacity, ensuring that small-scale miners see real benefits from compliance.