“The Government is convinced of the benefits of Tía María,” said Dina Boluarte during her message to the nation for Fiestas Patrias. The mining project, located in Islay (Arequipa), restarted operations on Monday, July 1, according to information provided by Grupo México on June 28.
In this regard, the president highlighted that the mining project, operated by Southern, will boost agriculture, close the gaps in education and health, boost trade, improve fishing, and promote tourism.
“The project is of vital importance for the relaunch of mining investment in Peru and for the consolidation of the investment climate in general,” said Boluarte.
According to forecasts by Julio Velarde, president of the Central Reserve Bank of Peru, the Tía María mining project will have an impact on growth that will begin to be noticed from 2025 and 2026. For this year, the economic projection of the GDP is 3.1%.
“Tía María is not an imposed project, that is a false narrative raised by small ideological sectors that refuse to admit that mining is the activity that strengthens the economic growth of our country, which will contribute 400 million soles annually to the Arequipa Region, in the form of royalties and royalties,” Boluarte said.
Miguel Meza, leader of the Tambo Valley, told The Republicon July 19, that there is no possible negotiation with the company or the Executive Branch, after it was decided to “unilaterally” resume the US$1.4 billion mine. “We hope that the minister [Rómulo Mucho] speak out. This Government has a commitment to the Tambo Valley, not only President Dina Boluarte who, during her campaign, said that Tía María is not going to participate,” said Meza.
Source: Larepublica
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