Mining

Informal Mining Protest Intensifies in Madre de Dios

A protest in Peru’s south-eastern Madre de Dios region intensified this week as demonstrators blocked a key highway and tried to take over the local airport. The protest was launched towards the start of the week by local groups and politicians that want the central government in Lima to rescind […]

Peru Eurobond Issue— A Lemon, Shows Government Financial Confusion

By Nicholas Asheshov ✐ The minister of Finance, Alonso Segura, is patting himself on the back for selling €1bn worth of bonds on the European market at 2.75% above the ECB base rate, which is as everyone knows  an eyelash above zero. This brings the amount borrowed by Peru on the international […]

Las Bambas Protests Leave Four Dead, 15 Injured

Las Bambas Protests Leave Four Dead, 15 Injured

The government has declared a state of emergency for 30 days in several provinces of Apurimac and Cusco, after protests against the Las Bambas copper project left four men dead and 15 injured, including police. A provincial strike was called on Friday, Sept. 25, against changes that have been made […]

Perumin 32 Opens in Arequipa

Perumin 32 Opens in Arequipa

Peru’s mining convention, Perumin 32, opened Monday in Arequipa with lower attendance, reflecting the tighter budgets of mining companies in the current downturn in minerals prices. The event was inaugurated by the convention president, Buenaventura’s CEO Roque Benavides, by Antonio Samaniego, president of Peru’s Institute of Mining Engineers, and Victor Hugo […]