Archive for August, 2012

Humala Announces Fund To Tackle Child Malnutrition

President Ollanta Humala on Monday said the government is to launch a fund of more than $1 billion aimed at diminishing childhood malnutrition. The fund is to receive 2.7 billion soles ($1.03 billion) from Peru’s central government and the country’s regional governments, Humala said, according to state news agency Andina. […]

SNMPE: Minas Conga Delay Shouldn’t Hurt Other Mining Projects

SNMPE: Minas Conga Delay Shouldn’t Hurt Other Mining Projects

The delay in the massive Minas Conga gold and copper project in the north Andean region of Cajamarca should not affect investment in Peru’s mining industry, according to the head of Peru’s National Mining, Petroleum and Energy Society, Pedro Martinez. “I hope there is no impact on investments,” Martinez said, according […]

Peru To Promote ‘Pisco Route’ In Ica

Peru To Promote ‘Pisco Route’ In Ica

Peru’s government is planning to promote a “Pisco Route” in the south coast region of Ica, which it hopes will boost tourism by 18 percent per year, state news agency Andina reported. A grape brandy produced in Ica since the late 16th century and shipped to Spain from the port […]

Confiep Says Plan Needed to Restart Cajamarca’s Economy

Confiep Says Plan Needed to Restart Cajamarca’s Economy

Peru’s largest business association, Confiep, is calling for a plan to restart the economy in the northern region of Cajamarca, according to state news agency Andina. Business in Cajamarca has been affected this year by protests against the Minas Conga gold and copper project. The development, majority-owned by U.S.-based Newmont Mining […]