Saturday, February 11, 2012

Informal Miners Launch Protests Following Gov’t Actions in Madre de Dios

November 9, 2011 by · 2 Comments 

Informal miners in Peru’s south-eastern jungle region of Madre de Dios have launched protests in response to government actions that began  over the weekend to halt the illegal industry. The Peruvian Navy and the police force began joint actions on Saturday that have led to the destruction in the course of three days of some [...]

Brazilian investments in Peru to reach $17.5 billion by 2020

Brazilian investments in Peru could see a fivefold increase to $17.5 billion by 2020, according to the Brazilian commercial secretary in Lima, Cesar Bonamigo. “Every day companies come to the embassy looking for information on how to invest in Peru,” state news agency Andina reported Bonamigo as saying. “In the last few years, the number [...]

Puno residents protest Inambari hydroelectric project

Conditions in Peru’s southern Puno department are reportedly returning to normal as a 48-hour protest against a multi-billion dollar hydroelectric project winds down on Friday, according to state-run news agency Andina. More than 600 people from the district of San Gabán arrived in the city of Puno on Thursday to protest the construction of the [...]

Natural gas from Camisea decreases electricity costs by 30 percent

Deputy Energy Minister Daniel Cámac said Tuesday the cost of electricity in Peru has decreased by 30 percent due to natural gas production in the Camisea gas fields, located in the country’s south-eastern Amazon basin. Cámac said some companies have been able to save more than 50 percent of their production costs after switching to [...]