The Ministry of Energy and Mines (MINEM) announced on March 26 that transfers from mining activity in Peru exceeded S/ 3,024 million in January 2026. These transfers include the Mining Canon, Mining Royalties, and Validity and Penalty Rights.
The ministry said this figure demonstrates the importance of the mining subsector as a main driver of the national economy. According to MINEM’s latest Statistical Mining Bulletin, an advance payment of more than S/ 2,212 million was made for the Mining Canon in January. This early distribution allows regional and local governments to access funds at the start of the fiscal year, supporting planning and implementation of public investments.
Transfers from Legal and Contractual Mining Royalties totaled more than S/ 786 million during January and February. Of this amount, S/ 638 million went to local governments, S/ 119 million to regional governments, and S/ 27 million to the national government. The ministry said these allocations play a key role in redistributing income generated by mining activities.
At a departmental level, Áncash received the largest share with S/ 620 million or about 20.5% of total transfers for January. Arequipa followed with a share of 12.4%, Moquegua with 11.1%, and Tacna with 10.3%. Together these four departments accounted for over half—54.3%—of all registered transfers due mainly to significant mining operations located there.
MINEM said that from both fiscal and territorial perspectives, mining-related transfers are among the main mechanisms for redistributing wealth generated by extractive activities back into areas where they occur. The impact extends beyond just resource volume; it also helps close gaps in infrastructure and public services while stimulating regional economies.
