Peru to possibly give Doe Run more time for La Oroya cleanup, workers lift strike for 30 days

The La Oroya smelter workers decided late Wednesday to lift their strike, giving the government and Doe Run 30 days to offer them acceptable solutions. Police and workers joined forces late into the night to clear rocks from the highway and roads around the smelter town. The strikers had blocked all traffic to and [...]

Suppliers: Doe Run Peru bailout at acute risk

Doe Run Peru — an affiliate of the Renco Group which operates La Oroya’s poly-metallic smelter — has put its financial bailout package at risk suppliers said on Tuesday, claiming that the mining company has failed to meet terms agreed to last April.
In early April, ending weeks of speculation of a government bailout, fifteen Peruvian [...]

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 shy [...]

Doe Run Peru halts operations, government considers $75 million bailout

Doe Run Peru, which halted 95 percent of its operations at the La Oroya poly-metallic smelter after a consortium of banks led by PNP Paribas cut its credit lines, is hoping that the Peru government will agree to a $75 million bailout.
An affiliate of the Renco Group, Doe Run issued a statement last Wednesday, confirming [...]