Amendments to the Mining Code, Law 21,420 and other legal bodies

On November 23, 2022, the President of the Republic submitted two bills to the National Congress that seek to amend the Mining Code, Law 21.420 and other legal bodies related to the mining sector.

On the one hand, Bill 15,510-08 aims to address and resolve the inconsistencies and loopholes contained in Law 21,420, as well as to adjust and improve a series of provisions of the Mining Code, the Constitutional Organic Law on Mining Concessions and Decree Law 3,525, which creates the National Geology and Mining Service, in order to generate a more harmonious regulatory statute in line with the practical reality of mining in Chile.

On the other hand, Bill 15511-08 seeks to postpone the entry into force of Law 21,420 in order to have enough time to discuss the modifications proposed by Bill 15,510-08.

This web page describes the main modifications proposed by both bills and their legislative procedures.