Given the desire of the Government of Dina Boluarte to unblock the Tía María project, Southern Copper plans to begin the construction of the mine located in Islay (Arequipa) at the end of this year or the beginning of 2025, according to Raúl Jacob, CFO of the company of Mexican capitals, who spoke for Bloomberg. […]
Tag: Aunt Maria
Southern Perú announces that Tía María could begin construction at the end of the year
Raúl Jacob, vice president of finance at Southern Perú, announced that the mining project Aunt Maria Its construction would begin at the end of 2024 or during the first months of 2025, this was confirmed to the Reuters agency. With this, it would be launched the investment of more than 1.4 billion dollars that the […]
José Arista on Tía María: “The only thing missing is go”
Despite the rejection that Tía María – a project near the Tambo Valley – has had, evidenced in the protests of 2009, 2011 and 2015, in which deaths were also recorded, Minister José Arista pointed out that “Tía María is one of the projects that has all the requirements met.” “The only thing missing is […]
Mining booming: production increases by 15.94% in February
By Susana Condado The activity of the sector Mining and Hydrocarbons has experienced a notable increase during the month of February, according to the recent report from the National Institute of Statistics and Informatics (INEI) on the current progress of economic activity. The production of the Mining and Hydrocarbons sector increased by 15.94% in February […]
Tía María: is unblocking the mining project viable?
“Aunt María would be a turning point” Víctor Gobitz, president of the SNMPE Let’s avoid the dichotomy. It’s not that water is yes or gold is no, or if Aunt María is going or not going. I could be wrong, but in my context they are formal and supervised investments that generate progress. Tía María […]
Rómulo Mucho and the challenges he will face in Minem: Tía María, Petroperú and gas massification
The mining engineer Romulo Mucho He was appointed this week as Oscar Vera Gargurevich’s replacement in the Ministry of Energy and Mines (Minem), at a time when the sector is torn between unblocking large mining projects and supporting Petroperú operations. This is one of the portfolios with the most pending issues in the Executive. Mucho’s […]
PCM: Tía María is not on the Government’s agenda
The Government of Dina Boluarte entered into contradictions over the copper project Aunt Maria. This was visible yesterday during the second day of Perumin 2023, which takes place in the city of Arequipa. At the beginning of the week, the Minister of Energy and Mines, Óscar Vera Gargurevich, pointed out that Tía María is “very […]
PCM assures that “its hand will not shake” to defend mining investment from protests
During his participation in Perumin 2023, the president of the Council of Ministers, Alberto Otarolaassured that “they will not allow the country to fall into chaos and insecurity” to the detriment of private investment, especially mining. In a year in which private investment is expected to fall 18.1% and business expectations continue to deteriorate, Otárola […]
Minem: “Tía María is part of our reactivation plans”
Minister of the sector, Óscar Vera, assured that they will begin a dialogue with the communities of Islay and “await better news in the coming months” to promote the copper project. Price of the dollar today in Peru: what is the exchange rate for this Saturday, May 6? Can I withdraw the CTS they deposit […]
Valle de Tambo prepares new protests before announcement of resumption of Tía María in 2029
Last week, Raul Jacob, Vice President of Finance, Treasurer and CFO of Southern Copper Corporationrevealed that the Tía María project, in Arequipa, would start operations in 2029 together with Los Chancas and Michiquillay. “In Peru, we have the three projects that we assume will be operational by the end of this decade, or say, by […]