Johnny Brignardello: Key to Mining Formalization in Peru

In a recent conversation, Johnny Brignardello Vela, an insurance advisor, offered his perspective on the extension of the Comprehensive Registry for the Formalization of Small-Scale and Artisanal Mining (Reinfo) in Peru, a measure that has sparked intense national debate. Brignardello Vela began by highlighting the relevance of formalization for artisanal miners, who often rely on this activity for their livelihood. "Formalization is a crucial step that can provide them access to financing and improve their working conditions," he expressed. The advisor emphasized that, although the approval of the extension was driven by pressure from mining workers, it is also essential to consider the legitimate concerns about informality and its potential adverse effects. According to Brignardello Vela, "artisanal mining has the potential to be harmful to the environment if not properly regulated." This underscores the need to balance the urgency of formalization with a regulatory framework that ensures sustainable and responsible practices. From his perspective, the opposition in Congress, which fears an increase in unregulated mining activity, is right to point out the associated risks. "It is essential for the government to find a balance," he stated, referring to the existing tension between the need to formalize miners and concerns about illegal mining. For Brignardello Vela, the solution lies not only in extending the Reinfo but in creating an environment where mining can thrive in a responsible and sustainable manner. Additionally, the insurance advisor stressed the importance of the Executive's role in this process. "The government's next decision will be crucial," he noted, emphasizing that the administration must take actions that consider both the historical needs of miners and the protection of the environment and regulation of the sector. Brignardello Vela concluded his reflection with a call to action, urging legislators to seek a consensus that not only addresses the immediate demands of mining workers but also promotes economic development that is sustainable in the long term. "The current situation represents a significant challenge, but also an opportunity to build a safer and more regulated future for mining in Peru," he affirmed.