Peru to create fund to incentivize small-scale mining

Peru’s government will create a “mining fund” set to finance incentives for small and artisan miners, the Andean country’s energy and mining minister Jorge Montero said on Wednesday.

“We are announcing in a few weeks the launch of a mining fund for small-scale and artisan mining,” Montero said, adding that these miners would have access to preferential rates and distribution channels.

(By Marco Aquino; Editing by Brendan O’Boyle)