Monday, October 5, 2015

Negotiations start between Peruvian officials and Las Bambas protestors

On Friday, representatives of the Peruvian government and the local protestors opposing the $8.3 billion Las Bambas copper mining, met to discuss a negotiated solution to the conflict. The violent protests resulted in the deaths of four protestors, and the Peruvian government immediately dispatched a high-level negotiating team, led by Energy and Mines Minister Rosa María Ortiz, to develop a solution.

According to the BNAmericas report, a roundtable between the high-level minister and local mayors to discuss development projects will start October 6. Peruvian Cabinet chief Pedro Cateriano blasted the Peruvian Congress’ vote to censure the ministers of the environment, interior, and energy and mines, for creating additional instability in the midst of a crisis.

In other Peruvian mining-related news, ex vice minister of Mines, Rómulo Mucho, told the press that he believes the Peruvian mining industry will keep growing by double digits for the rest of the year thanks to the Toromocho and Constancia mining projects. He added that mining production would increase even more the following year as the large mining projects of Las Bambas and Cerro Verde go online.


Lastly, El Comercio reported on a fine that the OEFA issued against a Chinese miner, Yanguang Li, for failing to comply with Peruvian regulations on the mining industry for environmental protection. The report noted that this marks an important step in the battle against the “kings” of the illegal gold mining industry in Peru.  

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