Cusco loses almost three million due to stoppage of the Antapaccay mine

Cusco loses almost three million due to stoppage of the Antapaccay mine

Local workers and suppliers are also affected. Nearly 20,000 people are reducing their indirect income from mining activity.

With the suspension of the mining operations of the company antapaccayCusco loses almost S/3 million per day and the Espinar province and its districts where they operate S/ 540 thousand per day due to canons and royalties.

With the temporary cessation of operations since January 21 due to attacks on its facilities by a group of protesters, according to company estimates, for each day not worked, the region stops receiving more than 2.5 million for canons and mining royalties not received.

In addition, it is noted that local workers and suppliers are also affected, It is estimated that S/ 640 thousand is not being received for contracting local services. Workers and contractors also see their activities suspended.

On the other hand, it was reported that nearly 20,000 people in the province are reducing their indirect income from mining activity and several local companies are running out of liquidity to assume their financial burdens.

Source: Larepublica

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