Cajamarca State of Emegency criticized by Mine Protest Leader

The regional president of Cajamarca, Gregorio Santos, criticized President Ollanta Humala’s announcement Sunday evening of a 60-day state of emergency in four of Cajamarca’s provinces in order to bring under control protests against a multi-billion dollar gold and copper project. During an interview with Ideeleradio on Monday, Santos said that Peru’s new government “is lying to the [...]

Doe Run Peru scores $175 million bailout, avoids collapse

Ending weeks of speculation of a government bailout, fifteen mining companies dependent on Doe Run Peru’s smelter have extended the U.S.-owned mining company a $175 million credit line, reported daily El Comercio on Friday. An affiliate of the Renco Group, Doe Run issued a statement last Wednesday, confirming that its operations were only a hair [...]