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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