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Miramont: Cerro Hermoso permit update

Published by , Assistant Editor
Global Mining Review,

The Peruvian Ministry of Energy and Mines (MEM) has determined that Miramont Resources Corp. (Miramont) is not eligible for an automatic approval of its drilling permit for its Cerro Hermoso project in Southern Peru. This is reportedly due to the fact that it is possible that exploration drilling may affect indigenous communities. The Canadian-based exploration company appreciates additional review to ensure that any potentially affected communities are identified and fully consulted. As the company’s Environmental Impact Statement was already approved (see press release 15 May 2018), this is the final level of review necessary before issuance of drilling permits.

The MEM, through its operating agencies, must first examine whether indigenous groups will, in fact, be affected by Miramont’s activities. If it determines no community will be affected, then the drilling permit should be issued without further delay. If MEM finds communities may be affected, it will be required to conduct a process known as consulta previa between itself and the local community. This is to ensure that the community has been fully informed of the pending exploration activities. Once the consulta previa process is conducted, a permit should be issued.

Miramont’s President and CEO, Bill Pincus, commented: “Miramont welcomes this additional review as it believes it will strengthen social connections between the company and the local community and will provide a sound, long-term basis for ongoing dealings with all stakeholders. While we have already established strong local relationships, as evidenced by our existing agreements and positive working experience, this additional review allows community relationships to be transparently demonstrated. In addition, it will add significant long-term weight to our social license.”

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