news agency

Las Bambas would lose more than US$ 400 million in the event of a second stoppage, according to SNMPE

This February 7, the Chinese company MMG reported on the Hong Kong Stock Exchange that the Las Bambas mine could again suspend its operations, on February 20, if the blockade in Ccapacmarca is not lifted.

In this context, the National Society of Mining, Petroleum and Energy (SNMPE) warned that a second strike at Las Bambas would include losses of more than US$400 million.

According to the union, the suspension of activities in Las Bambas in December 2021 “meant an approximate loss of sales of 400 million dollars due to the blockades of November and December”, during the 17 days of inactivity (from December 18, 2021 until January 3, 2022).

“(…) Forceful measures will cause greater economic losses to the country, than those already registered last December, in circumstances that urgently promote the economic reactivation of Peru and recover the formal jobs that have been lost during the pandemic”, the organization said in a press release.


In that line, the SNMPE has asked the inhabitants of the Ccapacmarca community to resume dialogue with the government authorities and the Las Bambas mining company.

For 11 days, residents of that jurisdiction have been blocking the highway, after ignoring the agreements signed by the Government -last December- with the majority of the communities in the province of Chumbivilcas, which has prevented the free movement of workers, the entry of inputs and the transportation of the production of said mining operation to the port of Matarani to the detriment of the country.

In communication with La República, Judith Cjuno, who resigned in the assembly from her position as president of the Front for the Defense of the Interests of Ccapacmarca, acknowledged that before the lack of solution to the demands who demand the Government and the loss of communication, a group of residents of the district have asked to vary the platform of struggle. He said, for example, that said group considers it impossible for the Government to annul Ministerial Resolution No. 372-2018 MTC that reclassified the mining corridor.

Source: Larepublica

You may also like

Hot News



follow us