Peru Collected $6.7 Billion From Mining in the First Half of 2026, Up 80%
Translated from Spanish and summarized by DistantNews. Read the original for the full story.
At a glance
- Peru collected 22.787 billion soles, about $6.7 billion, in mining-related fiscal revenue during the first half of 2026, up 80% from the same period a year earlier.
- Metal-mining tax revenue accounted for 85.3% of the total, while new mining royalties contributed 2.132 billion soles.
- The Energy and Mines Ministry attributed the increase to stronger tax and non-tax revenue, favorable international metal prices and positive operating results, and expects collections to remain strong in the second half.
Peru collected 22.787 billion soles, about $6.7 billion, in fiscal revenue from mining during the first half of 2026, according to government figures reported in the Mining Statistical Bulletin. The amount increased 80% from the 12.652 billion soles collected in the same period last year.
Metal-mining tax revenue provided the largest share, bringing in 19.435 billion soles, or 85.3% of the total. New mining royalties generated 2.132 billion soles, representing 9.4%.
Non-metal mining tax revenue reached 962 million soles, or 4.2% of the total. The special mining levy contributed 172.8 million soles, while regular mining royalties added 85.3 million soles.
This result reflects the important contribution of mining activity to state revenue and is driven by favorable tax revenues and a greater contribution from non-tax mechanisms linked to the use of mineral resources.
The Energy and Mines Ministry said the result reflected miningโs contribution to state revenue, along with higher tax receipts and increased non-tax payments linked to the use of mineral resources. It also cited favorable international prices for major metals and positive operating results across the sector.
The government expects mining revenue to remain favorable in the second half of 2026. Its outlook depends on continued operations at major production units, international metal prices and the pace of mining activity.
It is also taking place amid favorable international prices for major metals and positive operating results in the sector.
Originally published by ABC Color in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.