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Colombian president calls for mining code reform

admin by admin
December 4, 2022
in Mining


“It must be reformed, it is of no use to us (…) The State should no longer prioritize big mining multinational companies. The State must prioritize the small, traditional miner, small-scale traditional mining and, above all, support the mining effort that is undoubtedly needed, because this is not a war against mining but against the ways in which mining is currently carried out in Colombia,” he said.

To go ahead with the reform, Petro suggested organizing a large national mining convention where small-scale miners can present their ideas regarding the contents of the updated mining code.

The president also called on Indigenous peoples living in areas affected by industrial activity to reach out to the government for resources and take the lead in revitalizing Colombia’s jungles and conserving freshwater sources.

Focus on mining

This is not the first time the new government sets its eyes on the mining industry. 

Back in September, Environment Minister Susana Muhamad said Colombia could require mining firms to get environmental licenses for exploration in order to protect the environment, increase state control and prevent conflict between communities and extractive companies.

The announcement took place at a time when mining and oil and gas companies were already sounding the alarm over a proposed $5.6-billion tax reform that implied a raise in income taxes on extractive industries by 5% and increasing an export tax to 20% for oil and coal sold above certain threshold prices.





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